Weekly Trading Forecast: Yen Price May Rise, Stock Markets Lower, and more
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, 10-29-2018 at 11:23 AM (1202 Views)
Japanese Yen Forecast - Yen Price May Rise, Look Past BoJ, Eye Vulnerable Stock Markets
A lull in key event risk exposed stocks to bigger adverse fundamental themes as the Japanese Yen rose. It may keep going, looking past the BoJ as the S&P 500 still remains vulnerable.
Australian Dollar Forecast - Australian Dollar Might Get Some Respite If Inflation Holds Up
The Australian Dollar remains very short of fundamental support but, with AUD/USD close to 2018 lows again, may not be hammered any harder this week
Oil Forecast - Crude Oil Set For Third Weekly Decline Chasing Stock Markets Lower
Crude oil is working on its worst month since 2016 as risk sentiment soured significantly as October comes to a close and a mixed signal is coming from OPEC on potential production.
Canadian Dollar Forecast - USD/CAD Rate Threatens Bearish Trend Ahead of U.S. NFP Report
USD/CAD rallies to fresh monthly highs even as the Bank of Canada (BoC) delivers a hawkish rate-hike, and topside targets remain on the radar as it threatens the bearish trend from June.
US Dollar Forecast - US Dollar Aims Higher on Liquidity Appeal Amid Market Rout
The US Dollar looks likely to continue upward after hitting a 17-month high as its unrivaled liquidity continues to attract demand amid broad-based risk aversion.
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