Weekly Trading Forecast: Fed Rate Decision Anchors Treacherous Weak of Heavy Event Risk
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, 10-26-2015 at 07:51 AM (1337 Views)
US Dollar Forecast – US Dollar’s Bid for 12-Year High Will Hinge on Fed’s Decision
The Dollar posted its best week performance in five months with this past Friday’s close.
British Pound Forecast – GBP/USD Searches for Support as Rebound Unravels- GDP, FED in Focus
GBP/USD stands at risk of facing increased volatility in the week ahead as market attention turns to the Federal Reserve’s October 28 interest rate decision, while the U.S. & U.K. are scheduled to release their Gross Domestic Product (GDP) reports for the third-quarter of 2016
Japanese Yen Forecast – Volatility Near-Guaranteed on Critical Week for the USD/JPY
The Japanese Yen fell for six consecutive trading days and finished the week at multi-month lows versus the resurgent US Dollar, and a big week ahead promises big moves for the USD/JPY and other Yen pairs.
Australian Dollar Forecast – Australian Dollar Volatility to Return on RBA, Fed Policy Speculation
Australian Dollar volatility is set to return after two weeks of lackluster momentum amid heavy speculation about the direction of RBA and Federal Reserve monetary policy.
New Zealand Dollar Forecast – Drooping Milk Prices Drive NZD/USD Lower Ahead of RBNZ
It was one of those good news/bad news weeks for the New Zealand economy.
Gold Forecast – Gold Sinks as USD Soars- FOMC to Setup Bigger Picture Advance?
Gold prices are weaker this week with the precious metal down 1.3% to trade at 1161 ahead of the New York close on Friday- its largest weekly decline since August.
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