Weekly Fundamental Forecast
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, 09-24-2017 at 06:42 PM (3996 Views)
US Dollar Forecast: US Dollar Will Try To Build on Post-FOMC Gains. Will It Succeed?
The US Dollar snapped a four-week losing streak and looks likely to attempt a larger recovery following a hawkish FOMC policy meeting. It’s success is far from assured.
British Pound Forecast: Likely to Take a Breather as Brexit Talks Resume
GBP/USD will likely pause for breath this week after its steady climb throughout the year so far.
Japanese Yen Forecast: The Bank of Japan Adds a New Dove to the Dole – CPI on Deck
The Bank of Japan may be even more dovish now with the addition of a new board member, but threats from North Korea may continue to restrain the runaway Yen-weakness that’s become commonplace in risk-on environments.
Australian Dollar Forecast: Australian Dollar Looks Set To Hang On At The Heights
The Australian Dollar’s 2017 role in life seems to be to hover around its highs, at least against the US version. There seems little chance of a change this week.
New Zealand Dollar Forecast: NZD/USD Bid Ahead of Election- Outlook Hinges on RBNZ Policy
Fresh remarks from the Reserve Bank of New Zealand (RBNZ) may influence the near-term outlook for NZD/USD with Prime Minister Bill English slated to win the election.
Equities Forecast: Looking ahead to next week markets will try to keep steady footing barring surprises
North Korea, German elections – FTSE rises back into key resistance on May ‘Brexit’ speech.
Gold Forecast: Gold Prices Plunge as Fed Embarks on QT- Support Targets in View
Gold broke below the monthly opening-range lows this week with prices at risk for further losses near-term. Here are the updated targets & invalidation levels that matter.
Crude Oil Forecast: Oil Nears 27-Month High But OPEC Extension Needed
The price of a barrel of oil has moved higher in the past three months as the current OPEC production cut agreement crimped output but markets now need to know if these cuts will be extended or not.
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