US Dollar Forecast: US Dollar Looks Outward for Direction Cues as Fed Outlook Firms An all-but-certain Fed rate path in the near term may see the US Dollar looking outward for direction cues. Ample international event risk offers no shortage of possible drivers. Japanese Yen: BoJ Optimistic but Inflation Still Subdued: Taper Not Yet a Topic of Concern Yen weakness was a pervasive theme across FX markets this week, as the ...
‘The trend is your friend’ We’ve all heard it, and it makes perfectly logical sense; but in practice, this advice is so opaque that it’s practically worthless. Because even if you’re on the ‘right’ side of whatever trend is showing at the moment, the timing and entry into that setup is likely what’s going to determine one’s success or failure on that individual trade. So, it’s not enough to just find the direction of the trend and then ‘hope’ that we’re right; we also have to find ...
US Dollar Forecast: US Dollar at Risk as Fed Decision-Makers Reconvene The road ahead may prove challenging for the US Dollar after it enjoyed its best week yet in 2017 as all eyes turn to the Federal Reserve monetary policy announcement. Japanese Yen: Disappointing Data Add to Downside Pressure As predicted here a week ago, the Japanese Yen declined last week and there’s little sign yet that the trend is about to change. ...
US Dollar Forecast: US Dollar Bracing for French Election, Trump Tax Plan, GDP Data The US Dollar looks set for a volatile week as the first round of the French presidential election, a White House tax reform proposal and first-quarter GDP data loom ahead. Japanese Yen Forecast:No End In Sight For Accommodative Monetary Policy Speaking in Washington Friday, Bank of Japan Governor Haruhiko Kuroda had a simple message: the current ...
US Dollar Forecast: US Dollar May Rise Trump Jawboning, Geopolitical Fears Recede The US Dollar may rebound as the impact of President Trump’s jawboning recedes and signs of a political accommodation with Russia and North Korea appear plausible. Japanese Yen Forecast: USD/JPY Carves Bearish Series as Risk Sentiment Abates Concerns surrounding Syria accompanied by the threat posed by North Korea appears to have heighten the appeal ...
Recent Visitors
Archive
Go to Profile
Mark as Read