US Dollar Forecast: Politics to Overshadow Yellen Speech, FOMC Minutes The US Dollar is likely to remain at the mercy of politics-driven volatility as inflationary fiscal stimulus prospects remain the central object of speculation. Australian Dollar Forecast:Australian Dollar Likely Stuck, But Watch For RBA Speakers The Australian Dollar is caught between some reasonably perky domestic economic data and a central bank in no ...
US Dollar Forecast: Dollar Will Find Less Lift in Next Fed Hike, Policy Promise Despite a remarkably robust set of economic data – that included strong February payrolls – and a rise in rate expectations to the point of certainty that the Fed will hike Wednesday, the Dollar lost ground this past week. Japanese Yen Forecast: Narrowing Fed Interest Rate Forecast to Curb Bullish USD/JPY Outlook USD/JPY stands at risk of facing ...
W1 price is located to be below yearly Central Pivot at 1.9586 and above S1 Pivot at 1.6704 in the bearish area of the chart. The price is on narrow ranging within 1.7828 resistance level for the secondary rally to be started and 1.6704 first pivot support level for the bearish trend to be resumed.
The Fed came and went and so did the BOJ, leaving a mixed picture after the high tension. Speeches from Yellen and Draghi among others, US Consumer Confidence, Durable Goods orders and GDP data from the US, UK, and Canada, stand out. These are the highlights on forex calendar. German Ifo Business Climate: Monday, 8:00. Economists’ forecast German business climate will reach 106.3 in September. ...
US Dollar Forecast –USDollar Resuscitated by NFPs but Bulls Difficult to Keep Satisfied The Dollar recovered from an initial slip this past week to close the period in the green. However, the fundamental cost to lift the Greenback was remarkably high. It will be difficult for the currency to keep buoyant – much less maintain the pace of the rebound – heading into the coming week. British Pound Forecast – Post-BoE GBP/USD Weakness to Persist; Downside Targets in Focus ...
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