ForeCastle

US Dollar Forecast – US Dollar Targets Fresh Highs versus Euro, but What Could Change?
The US Dollar finished at fresh multi-year highs versus the Euro and near key peaks versus other currencies, boosted by a sharp improvement in US interest rate expectations on a highly-anticipated Fed interest rate decision.



Japanese Yen Forecast – Japanese Yen May Resume Recovery on Year-End Capital Flows
The outcome of Japan’s snap election passed without making much noise in the financial markets last week as expected.



British Pound Forecast – GBP/USD Range in Focus Ahead of U.K. & U.S. 3Q GDP Reports
The Gross Domestic Product (GDP) reports coming out of the U.K/U.S. may spark a further decline in GBP/USD as market participants see the Federal Open Market Committee (FOMC) normalizing monetary policy ahead of the Bank of England (BoE).






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