US Dollar Forecast: Dollar Drop Crosses 12%: Can Inflation Turn the Tide Ahead of the Fed? The U.S. Dollar has been pulverized by a plethora of factors. But after a rise in July inflation, will another bump help to buck the bearish trend? Euro Forecast: EUR/USD to Stay Bid Ahead of FOMC as ECB Unveils Post-QE Game Plan EUR/USD remains bid following the ECB meeting, with the pair at risk for a further advance amid waning expectations ...
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. ...
USD/JPY Rally Vulnerable to Wait-and-See BoJ, 7 to 3 FOMC Split The FOMC's November interest rate decision may fuel the near-term rally in USD/JPY as the central bank appears to be following a similar path to 2015, but more of the same from the BoJ accompanied by another lackluster U.S. NFP report may undermine the recent advance in the exchange rate as it erodes the case for a further deviation in monetary policy. Dollar Traders: Election Speculation, Fed Decision and Risk Fears ...
US Dollar Forecast – USDollar Range to Extend Unless CPI or Fed Speakers Shift Rate Timing Conditions are extraordinarily quiet across the financial market, and the Dollar is certainly not escaping the lethargy. Japanese Yen Forecast – Yen Runs to Resistance as Stimulus Bets Continue to Price-Out The Japanese Yen has been quite the volatile currency of recent. After the Brexit referendum drove the Yen to fresh highs as risk ...
US Dollar Forecast – FOMC Will Drive the Dollar Even if They Keep Rates Steady Wednesday The Dollar clawed back much of the losses it suffered after the disappointing NFPs this past week. However, the true test for the currency lies ahead in the FOMC rate decision. New Zealand Dollar Forecast – Kiwi Explodes to New High as RBNZ Eyes Property Bubble Coming into this week’s Reserve Bank of New Zealand rate announcement, ...