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Weekly Forecast: Dollar Pushes Best Rally in 3 Years, EUR/USD Near 1.3000

By , Chief Currency Strategist , , Currency Strategist , , Currency Strategist , , Currency Analyst  and , Currency Strategist
21 June 2013 23:18 GMT

Dollar Rally Can Turn Severe if Taper Concern Taps Fear

Fed Chairman Bernanke warned this past week that the era of limitless stimulus is coming to an end, leading the capital markets to convulse and US dollar to soar.

Euro Biased Lower amid Mixed Docket and Signs of Revived Crisis

Signs of the Euro-zone crisis are starting to emerge, appropriately timed now that the end to the Fed's endless stimulus may be on the horizon. Japanese

Yen to Resume Bearish Trend Amid Deviation in Policy Outlook

The Japanese Yen weakened against its U.S. counterpart as the Federal Open Market Committee (FOMC) showed a greater willingness to taper its quantitative easing program, and the USDJPY looks poised to resume the bullish trend from earlier this year amid the deviation in the policy outlook…

Australian Dollar May Find Fuel for Recovery in Bond Yield Shift

The Australian Dollar faced renewed selling pressure last week, touching the lowest level in close to three years against its US namesake...

Gold Breaks Key Support Following FOMC- $1273 Remains Critical

Gold plummeted this week with the precious metal off by more than 7% as investors turned sour on the prospect of Fed tapering…

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Weekly_Forex_Trading_Forecast_body_Picture_1.png, Weekly Forecast: Dollar Pushes Best Rally in 3 Years, EUR/USD Near 1.3000

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21 June 2013 23:18 GMT