Weekly Trading Forecast: Will Fed and Greek Elections Keep FX Volatility Boiling
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, 01-26-2015 at 08:10 AM (1431 Views)
US Dollar Forecast– Dollar and S&P 500 Traders Hold Breath for Fed Decision
In the past few weeks, we have seen a nearly universal dovish shift in global monetary policy.
New Zealand Dollar Forecast – New Zealand Dollar May Rise as RBNZ Maintains Hawkish Rhetoric
The New Zealand Dollar may rise as RBNZ rhetoric after next week’s rate decision maintains a hawkish lean, clashing with a dovish shift in market expectations.
Japanese Yen Forecast – Bullish USD/JPY Outlook Vulnerable to Less-Hawkish Fed, Dismal US GDP
The fundamental developments due out next week may undermine the bullish forecasts surrounding USD/JPY should the Federal Open Market Committee (FOMC) scale back its hawkish tone for monetary policy.
British Pound Forecast – British Pound Likely to Rally if Critical US FOMC Meeting Disappoints
A negative surprise from the Bank of England helped push the British Pound lower for the sixth-consecutive weeks versus the US Dollar.
Gold Forecast – Gold Rally Fizzles Ahead of FOMC, US GDP- 1263 Key Support
Gold prices are higher for a third consecutive week with the precious metal rallying 0.91% to trade at $1292 ahead of the New York close on Friday.