Japanese Yen Likely to Correct Sharply Higher, but When? The Japanese Yen fell to fresh post-financial crisis lows versus the surging US Dollar, but a clear slowdown the USDJPY rally warns that it’s near an end. When might we buy? The difficulty in trading the USDJPY is clear: recent data shows that the trade is extremely crowded, and a sharp correction is possible if not likely. Yet ...
AUD Hangs Hopes On US Dollar Exhaustion Amid Status-Quo RBA Bets Fundamental Forecast for Australian Dollar: Neutral AUD/USD Recovers From Within Striking Distance Of 2014 Low Fundamental Backdrop Remains Unsupportive For Yield-Plays Hopes For A Recovery Hinge On Profit-Taking From USD Longs AUD/USD faced another turbulent week with the currency staging a remarkable recovery after falling to within inches of its ...
Gold Eyes 2013 Lows Post NFPs- Fed Minutes in Focus Fundamental Forecast for Gold: Bearish Gold Braces For A Bumpy Ride On NFP, Natural Gas Dives On Storage Data Gold Holding Up at 1206…1240 Next? Gold prices are markedly lower this week with the precious metal off by more than 2.1% to trade at $1191 ahead of the New York close on Friday. The losses come on the back of a strong employment report with improving US data ...
NZD/USD Holds September Low Ahead of China PMI’s, Fed Doves Fundamental Forecast for NZDUSD: Neutral Price & Time: NZD/JPY Bear Pattern Hangs in the Balance New Zealand Dollar Shows Signs of Turnaround The medium-term outlook for the NZD/USD remains bearish as the Reserve Bank of New Zealand (RBNZ) sticks to a neutral policy stance and retains the verbal intervention on the New Zealand dollar, but the pair may face ...
Forex Weekly Outlook August 25-29 The dollar dominated once again, with multi-month gains against major currencies. Is it time for a correction or will this trend continue? German Ifo Business Climate, US housing data, Durable Goods Orders and GDP are amongthe highlights of this week. Follow along as we explore the Forex market movers coming our way. This was quite a week in financial markets: upbeat US data (especially housing) pushed the dollar higher, and it ...
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