Weekly Trading Forecast: Dollar Solidifies Its Dominance, Surges to 12-Year Highs
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, 11-09-2015 at 11:28 AM (1137 Views)
US Dollar Forecast – US Dollar Breaks a 12-Year High but is Momentum A Guarantee?
Eight months of congestion have been brought to a dramatic end this past week as the US Dollar mounted an impressive rally in the aftermath of the October labor report.
British Pound Forecast – GBP/USD 2015 Rebound to Unravel Further as BoE Lags Behind Fed
GBP/USD stands at risk of extended the decline from the beginning of the month should the key developments coming out of the U.K./U.S. largely boost speculation for the Federal Open Market Committee (FOMC) to normalize monetary policy ahead of the Bank of England (BoE).
Japanese Yen Forecast – Traders Believe USD/JPY Could Rally Further – What Could Change?
The Japanese Yen finally showed signs it might break its long-standing trading range as it fell to multi-month lows versus the resurgent US Dollar.
Canadian Dollar Forecast – Oil Prices May be Creating an Even Larger Problem for Canada
Just last week we reiterated our bearish forecast for the Canadian Dollar on the basis of expected weakness in Oil prices.
Australian Dollar Forecast – Australian Dollar May Fall Further as Fed, RBA Divergence Deepens
The Australian Dollar looks vulnerable to deeper losses as domestic and external news-flow embellishes the expected divergence between RBA and Federal Reserve monetary policy.
Gold Forecast – Gold Route to Persist as Stellar NFPs Point to December Hike
Gold prices plunged for a third consecutive week with the precious metal down more than 4.7% to trade at 1088 ahead of the New York close on Friday.
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