ForeCastle

US Dollar Forecast – Dollar Gains as Market Chews Rate Expectations with NFPs Ahead
This past week’s USDollar rally marked the currency’s best performance since November’s dramatic break to 12-year highs – a move that proved a quick exhaustion.



British Pound Forecast – Brexit to Dominate Headlines, GBP Price Action
What a difference a week can make: Near market close last Friday, news had just begun to circulate that Mr. David Cameron had struck a deal with European leadership that could allow for British leadership to lobby for an ‘in’ vote in the upcoming Brexit referendum.



Japanese Yen Forecast -Japanese Yen Forecast to Gain until Status Quo Changes
The Japanese Yen rallied for the fourth-consecutive week versus theEuroandBritish Pound, but a week of strong US economic data and disappointments out of Japan helped the USD/JPY exchange rate break its recent losing streak.



Canadian Dollar Forecast – Bank of Canada Expectations Ushers CAD To Top Spot in G10
Many market participants have been trained to look at Oil any time the Canadian Dollar moves.



Australian Dollar Forecast – Aussie Dollar Faces Perfect Storm of Domestic, External Pressure
The Australian Dollar may succumb to heavy selling pressure as prices face a perfect storm of high-profile domestic and external event risk.



Chinese Yuan Forecast – Yuan a Key Topic at Chinese Annual Conferences
Both onshore Yuan (CNY) and offshore Yuan (CNH) rates moved little this week; both closed slightly lower against the US Dollar on Friday.



Gold Forecast – Gold Consolidation Break to Clear the Way Ahead of NFPs
Gold prices slid for a second consecutive week with the precious metal off just 0.2% to trade at 1224 ahead of the New York close on Friday.




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