ForeCastle

US Dollar Forecast: US Dollar May Struggle as Trump Speech Overshadows Hawkish Fed
The US Dollar may struggle in the week ahead as doubts about the impact of still-uncertain fiscal policy overshadow hawkish pronouncements from Federal Reserve officials.



Japanese Yen Forecast: Kuroda Stokes Bullish Motivation in the Yen; CPI on Deck
One of the biggest beneficiaries of the ‘Trump Bump’ across global markets was Japan. After the BoJ spent more than three years weakening the Yen as part of ‘Abe-nomics. ’



British Pound Forecast: GBP/USD Outlook Mired by ’Brexit’ Review, Hawkish Fed Rhetoric
The broader outlook for the British Pound remains tilted to the downside with the U.K. on course to trigger Article 50 in March.



Australian Dollar Forecast: Australian Dollar Should Rise If GDP Growth Resumes
The Australian Dollar may gain if fourth-quarter GDP data confirm that the Lucky Country has avoided recession for yet another year. It is very likely that they will.



Chinese Yuan Forecast: Yuan Eyes on Growth Outlook from Top Conferences
Looking forward, there are a bunch of events dotted on both China’s and the U.S’ economic calendar, which could add some volatility to Dollar/Yuan rates.



Gold Forecast: Gold Prices March into Fresh 2017 Highs- Fed Outlook in Focus
The rally in gold prices continued this week with the precious metal up 1.7% to trade at 1255 ahead of the New York close on Friday.



Equities Forecast: S&P 500, DAX & FTSE 100 Could Be Under Pressure This Coming Week
In last week’s forecast, we expressed our concern that risk was rising for the indices, but that the trend still remained upward until we saw a break in the bullish price action.



Oil Forecast: Growing US Supplies Continue to Limit Oil’s Upside from OPEC Cuts
The Oil market finds itself in a unique spot of the commodity landscape of Q117. Two of the largest global suppliers, the United States Shale Oil Producers and the Organization of Petroleum Exporting Countries (OPEC) are trending in different directions while the price seems to have stalled near the 2017 Opening Range high.



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