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Currency Markets Brace for Impact as Taper Speculation Heats Up

By , Chief Currency Strategist , , Currency Strategist , , Currency Strategist , , Currency Analyst  and , Currency Strategist
17 August 2013 01:22 GMT

The US Dollar will attempt to reverse EURUSD back to 1.3000 and turn AUDUSD away from 0.9300 as FOMC minutes and the Jackson Hole Symposium spur Fed 'taper' talk.

Why the Dollar Will Surge if the Dow’s Slide Accelerates

It’s a relationship that has many FX traders scratching their heads. The Dow Jones Industrial Average has marked a painfully-obvious technical breakdown, and yet the renowned safe haven US dollar is still threatening to collapse into plunge itself. Yet, don’t position for AUDUSD and GBPUSD rallies just yet...

Euro Fails to Gain Despite Improved GDP – Will PMIs Revive Optimism?

The Euro continues to enjoy a swell of better than expected economic data, yet signs of a nascent recovery across the world’s largest single market have yet to fuel an uptick in the currency. Is the lack of a bullish response by the Euro concerning? We think so.

Yen to Face Growth Concerns – Will the BoJ Halt the Bullish Trend?

The Japanese Yen slipped this past week as concerns over ‘Abenomics’ and tax policy heated up as the world’s third-largest country’s debt level jumped past ¥1 quadrillion (roughly $10.3 trillion). Will a new sales tax hurt the Japanese recovery, and if so, what does that mean for the Yen?

Australian Dollar Rebound Threatened Amid Fed Policy Speculation

The Australian Dollar still looks primed to correct higher but the move may be thrown off-course as speculation about the direction of Fed policy heats up.

Gold Surpasses July High as Stocks Retreat – What’s Next?

Gold surged on Thursday amid a mini-US Dollar crash. With concerns over the Fed’s QE3 taper at an inflection point, we find that Gold might consolidate after such a strong short-term reversal.

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Currency_Markets_Brace_for_Impact_as_Taper_Speculation_Heats_Up_body_Picture_1.png, Currency Markets Brace for Impact as Taper Speculation Heats Up

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17 August 2013 01:22 GMT