ForeCastle

US Dollar Forecast: Dollar Fully Primed for March Fed Hike Leses its Motivation?
The Dollar’s posture heading into the new week is bullish on the back of a remarkably decisive outlook for a Fed hike at the next official FOMC meeting.



Japanese Yen Forecast: USD/JPY Carves Bullish Series Ahead of NFP on Hawkish Fed Rhetoric
USD/JPY may continue to retrace the decline from earlier this year as a growing number of Fed officials highlight a hawkish outlook for monetary policy, with U.S. Non-Farm Payrolls (NFP) projected to increase another 190K in February.



British Pound Forecast: Eroding Services PMI Stokes Fear of ‘Brexit Permeation’ in the U.K. Economy
This was a brutal week for the British Pound, as the currency put in five consecutive days of losses against the U.S. Dollar to tally a total move of -2.8% from last Friday’s highs down to this Friday’s low.



Chinese Yuan Forecast: Yuan to Take Clues from New Yuan Loans, NFP
The USD/CNH broke above a key level of resistance at 6.8845 on Friday, driven by the Dollar advance following an increased odds in Fed rate hike.



Gold Forecast: Gold Prices Remain in Bull Trend Despite 2nd Down Week in 10
For only the second time in ten weeks, gold prices finished the week lower. The biggest development of the past week driving gold lower was the Fed’s interest rate expectations.



Equities Forecast: Equity Indices (S&P 500, DAX, FTSE 100) Look to Maintain Bullish Underpinnings



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