ForeCastle

US Dollar Forecast – US Dollar in Danger of Further Losses – Here are the Key Risks
The US Dollar tumbled for the second straight week against the Japanese Yen and other major counterparts in a volatile week for global markets.



Japanese Yen Forecast - It’s the Bank of Japan versus the Rest of the World
It’s been quite the week for the Yen, and taking a step back, it’s been quite the two-week stretch for the Japanese currency.



Canadian Dollar Forecast – Canadian Dollar Has Found Life Outside The Price Of Oil
The Canadian Dollar continues to claw back some of the 23% drop since the May 2015 low against the US Dollar.



Australian Dollar Forecast - Australian Dollar at Risk on RBA Outlook, Global Sentiment Trends
The Australian Dollar recoiled sharply higher after hitting a 4-year low but a deteriorating RBA policy outlook and churning sentiment trends may renew selling pressure.



Gold Forecast – Gold Rockets to Fresh Highs as Equity Rout Continues
Gold prices soared for a fourth consecutive week with the precious metal rallying more than 5% to trade at 1247 on Thursday evening in New York.



Chinese Yuan Forecast – China Reopens after Holiday Week, How Will the Yuan Respond?
The offshore Yuan (CNH) rose to the highest level in two months against the US Dollar this week thanks to a smaller-than-expected drop in China’s foreign reserves combined with Chair Yellen’s testimony saying that negative rates are not out of the question for the US economy.



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