Weekly Forex Trading Forecast: The Fed Weighs on Taper, Volatility Before Year End
US Dollar Forecast - US Dollar Looks to Direct Fed-Generated Volatility for Key Breakouts
Like an action movie tagline: it’s a race against time for the dollar to stir volatility before 2014 runs out of liquidity.
Australian Dollar Forecast - Australian Dollar Faces Make-or-Break Event Risk as FOMC Meets
The Australian Dollar’s fate rests in the hands of the US Federal Reserve as the markets zero in on next week’s pivotal FOMC monetary policy announcement.
Gold Forecast - Gold Outlook Hinges on FOMC- Taper Talk to Drive Prices
Gold prices were firmer on the week with the previous metal climbing 0.60% to trade at $1235 ahead of the New York close on Friday.
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Weekly Forex Trading Forecast: Monetary Policy and Volatility Leading FX Themes in 2014
The Euro Will Keep Rallying – Unless Growth Halts and the ECB Eases
The Euro has certainly had a better 2013 than most expected. Momentum is strong headed into 2014.
Gold Forecast - Gold Sheds Nearly 3% on Fed Taper- Bearish Tone Set for 2014 Open
Gold was off sharply on the week with the precious metal plummeting more than 2.8% to trade at $1203 ahead of the New York close on Friday.
Japanese Yen Forecast - Stronger Japanese Inflation to Spur Yen Correction as BoJ Sits Pat
The USDJPY climbed to a fresh yearly high of 104.62 as the Federal Reserve unexpectedly tapered its asset-purchase program by $10B.
Australian Dollar Forecast - Australian Dollar Recovery Looks Likely in the Weeks Ahead
The Australian Dollar looks likely to launch a recovery in the weeks ahead as stable RBA policy expectations are complimented by a correction in US yields.
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Forex Trading Weekly Forecast: Top Fundamental Themes to Start 2014
US Dollar Forecast - US Dollar Will Benefit from Taper, Risk Trends and Growth in 2014
The 2013 trading year was a mixed one for the US dollar as the chase for yield and persistent stimulus push by the Federal Reserve curbed the support from the economy’s underlying strength.
Euro Forecast - The Euro Will Keep Rallying Unless Growth Halts and the ECB Eases
The Euro has certainly had a better 2013 than most expected. Momentum is strong headed into 2014.
Gold Forecast - Gold Sheds Nearly 3% on Fed Taper- Bearish Tone Set for 2014 Open
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Weekly Forex Trading Forecast: Liquidity Returns as Risk and Stimulus Trends Tremble
US Dollar Forecast - US Dollar Ready to Advance on Taper View or Surge on Fear Swell
Last month, the Federal Reserve took a very sharp monetary policy turn when it announced the first ‘Taper’ of its open-ended stimulus program.
Gold Forecast - Gold Opens 2014 on Strong Footing - Rally at Risk Heading into NFPs
Gold prices are markedly higher this week with the precious metal rallying nearly 2% to trade at $1236 ahead of the New York close on Friday.
Japanese Yen Forecast - Japanese Yen Shows Signs of Life but Does Rally Continue
The Japanese Yen clawed back losses versus the Euro and US Dollar as traders took profits on JPY-short positions to start the New Year
Australian Dollar Forecast - Australian Dollar Rebound Likely to Continue in the Near Term
The Australian Dollar began to recover on the back of stable domestic prospects and digestion of the Fed QE “taper” outlook, as expected. More of the same is seen ahead.
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Weekly Forex Trading Forecast: Will the Dollar’s Post NFP Slip Turn into a Full Bear Trend?
US Dollar Forecast - US Dollar Tumbles on Disappointing NFPs, but is Reaction Overdone?
A sharply disappointing US Nonfarm Payrolls report left the US Dollar lower against the Euro and broader major forex counterparts, but was the reaction overdone?
Euro Forecast - Rally in European Stocks, Bonds Give False Sense of Security
The euro ended this past week little changed as key event risk failed to stir deeper fundamental waters.
British Pound Forecast - GBP/USD Helped by Weak NFPs, but Pound Direction Hinges on CPI
The British Pound was able to recover on Friday no thanks to its own doing, leaving it in a precarious positioning amid a softening near-term economic backdrop. A weak CPI report on Tuesday could welcome a new wave of selling.
Gold Forecast - Gold Supported by Dismal NFPs- $1270 in Focus Ahead of CPI
Gold prices were modestly firmer this week with the precious metal rallying 0.67% to trade at $1244 ahead of the New York close on Friday.
Japanese Yen Forecast - Japanese Yen Poised for Larger Correction- Looking for Higher Low
The USDJPY looks poised for a larger pullback as it fails to maintain the bullish trend from back in October, and the pair may ultimately probe below the 102.00 handle as the dismal Non-Farm Payrolls report dampens the outlook for the dollar.
Australian Dollar Forecast - Australian Dollar to Rise Further as Markets Ponder Fed Outlook
We’ve argued that the Australian Dollar has room to correct higher in early 2014 as the fundamental argument for Aussie weakness becomes increasingly flimsy while speculative traders remain heavily net-short (per futures market positioning data from the CFTC).
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Weekly Forex Trading Forecast: Its Fed Taper Versus BoJ Stimulus Next Week
US Dollar Forecast - US Dollar Outlook Steady as Bulls Ready for Volatility, More Taper
The US Dollar generated an impressive run this past week, but does the climb to four-month highs imply a robust rally through the second half of January?
British Pound Forecast - British Pound Holds Key Support- Eyes 1.6600 Ahead of BoE Minutes
The British Pound appears to be coiling up for another run at the 1.6600 handle as the positive developments coming out of the U.K. economy raises the Bank of England’s (BoE) scope to normalize monetary policy ahead of schedule.
Japanese Yen Forecast - Japanese Yen Poised for Big Moves on Key Bank of Japan Decision
The Japanese Yen finished the week almost exactly where it began in a quiet week of trading.
Australian Dollar Forecast - Australian Dollar Hoping for a Correction After Dramatic Selloff
The Australian Dollar is hoping to find a lifeline amid innocuous data flow and a correction in pro-taper Fed policy speculation after last week’s bloodletting.
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Forex Weekly Trading Forecast: Markets Prepared for Volatility, FOMC Rate Decision
US Dollar Forecast - Dollar Poised to Advance Whether Equities Crash or Fed Tapers
The Dow Jones FXCM Dollar Index (ticker = USDollar) recovered its footing through the end of this past week, but the benchmark currency notably suffered through a period defined by severe spasms of risk aversion.
Japanese Yen Forecast - Dollar Hits One-Month Low Despite Biggest Drop for Stocks in Months
The Japanese Yen took the forex world by storm as it rallied against all major currency counterparts, finishing the week at monthly highs versus the US Dollar and Euro.
Australian Dollar Forecast - Australian Dollar at a Crossroads as Focus Turns to FOMC
The Australian Dollar finds itself at a crossroads as risk trends and yield-based considerations compete for influence ahead of a much-anticipated FOMC policy meeting.
Gold Forecast - Gold Eyes Key Inflection Point Ahead of FOMC- $1270 Paramount
Gold rallied for a fifth consecutive week with the precious metal advancing 1.14% to trade at $1267 ahead of the New York close on Friday.
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Weekly Forex Trading Forecast: Rate Decisions and NFPs Look to Stir Volatility, Stimulus Hope
US Dollar Forecast - US Dollar to Test Fresh Highs on Critical Week for Financial Markets
The US Dollar bounced sharply off of recent lows as a fresh round of “Taper” from the US Federal Reserve boosted outlook for the Greenback.
Euro Dollar Forecast – Euro Risks Market-wide Collapse as EURUSD, EURJPY Break Lower
A mild slip by the euro this past week started to evolve into a serious tumble through Friday’s close.
British Pound Forecast - GBP Continues to Carve Higher Lows Ahead of BoE- Fresh High on Tap?
The British Pound appears to be carving a higher low ahead of the Bank of England (BoE) February 6 meeting as the central bank is widely expected to normalize monetary policy ahead of schedule.
Australian Dollar Forecast - Australian Dollar Outlook Clouded Ahead of Critical Event Risk
The outlook for the Australian Dollar is clouded in the week ahead as the currency faces a perfect storm of domestic and external fundamental event risk.
Gold Forecast - Gold Responds to Key Resistance Ahead of NFPs- Bearish Below $1270
Gold is markedly lower this week with the precious metal down 2.36% to trade at $1240 ahead of the New York close on Friday.
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Weekly Forex Trading Forecast: Can Dollar Find Direction as NFPs Weigh on Taper Speculation?
US Dollar Forecast - US Dollar Will Look to Volatility, Not Taper for Next Drive
Is the Fed’s fledgling Taper policy in jeopardy?
Euro Dollar Forecast – ECB's Hold Offers Euro Rally Room as EONIA Rates Steady
A lack of a dovish policy move by the European Central Bank this week has given the Euro room to reverse its recent losses. European QE is looking less likely now.
British Pound Forecast - British Pound Outlook Depends on Bank of England’s Words This Week
The British Pound fell against most major FX counterparts as the Bank of England left interest rates unchanged.
Japanese Yen Forecast – JPY Still at Risk for Larger Correction on Fed Testimony, Risk Trends
The USDJPY climbed to a freshly month high of 102.57 following the dismal Non-Farm Payrolls report, but the pair may reverse course next week should the Fed’s Humphrey-Hawkish Testimony raise bets of seeing another $10B taper at the March 19 meeting.
Australian Dollar Forecast - Australian Dollar Looks to Yellen Testimony for Direction Cues
The Australian Dollar will look to testimony from newly-minted Federal Reserve Chair Janet Yellen to establish direction cues in the week ahead.
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Weekly Forex Trading Forecast: A Week of Risk-Based Breakouts or a Dramatic USD Recovery?
US Dollar Forecast – US Dollar Set to Fall Further as S&P 500 Surges. What Could Change?
The Dow Jones FXCM Dollar Index (ticker: USDOLLAR) fell for 10 consecutive trading days and finished at multi-month lows on a wave of mediocre US economic data and a sharp rally in global equity markets. Can it continue to fall in the week ahead?
British Pound Forecast – British Pound Eyes 1.6800+ on BoE Policy- Still Favor ‘Buying Dips’
The British Pound rallied to a fresh yearly high of 1.6722 following the Bank of England (BoE) Inflation Report, and the GBPUSD may press higher next week should the fundamental developments coming out of the U.K. highlight a stronger recovery for 2014.
Japanese Yen Forecast – Japanese Yen to Swing from Quiet to Volatility on Risk, GDP and BoJ
Given the incredible momentum behind the S&P 500 (as a risk gauge) and persistent tumble from the US Dollar (as a safe haven) this past week, we would assume that the Yen crosses would be hurtling higher on carry appetite.
Australian Dollar Forecast – Australian Dollar Vulnerable as Risk Sentiment Sours Anew
The Australian Dollar is vulnerable to renewed selling as risk sentiment sours anew after a sharp retracement of the knee-jerk selloff driven by emerging market jitters.
Gold Forecast – Bullish Gold Bias Favored on USD Weakness- $1270 Now Key Support
Gold prices surged this week with the precious metal advancing more than 4% to trade at $1319 at the New York close on Friday.
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