Weekly Fundamental Trading Forecast for US Dollar, GBPUSD, USDJPY, AUDUSD and GOLD: FOMC, GDP, Greece and Much More Ahead
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, 04-27-2015 at 03:48 AM (1376 Views)
US Dollar Forecast– Dollar Ready toReverse Should FOMC, GDP Give its Consent
The stage is set and the curtain is rising. The Dollar has wobbled these past weeks, but it hasn’t managed to turn its nine-month long bull trend.
Japanese Yen Forecast – Japanese Yen to Look Past BOJ Decision, Focus on Greece and FOMC
The Japanese Yen is likely to look beyond the BOJ policy announcement to focus on Greek funding matters and the outcome of the FOMC rate decision.
British Pound Forecast – British Pound Likely to Rally Further, but Watch these Two Key Risks
An important jump in interest rate expectations helped push the British Pound to fresh two-month highs versus the US Dollar.
Australian Dollar Forecast – AUD/USD to Eye March High on Less-Dovish RBA, Fed Delay
AUD/USD is likely to face increased volatility in the week ahead amid the key developments coming out of the U.S. economy.
Gold Forecast – Gold Plummets Alongside USD Ahead of FOMC – Support 1173
Gold prices fell for a third consecutive week with the precious metal off more than 2.17% to trade at 1177 ahead of the New York close on Friday.
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