Want to test out all the premium tools and resources FXCM has to offer? We are holding an Open House
US Dollar Forecast– Dollar Acceleration and S&P 500 Reversal Before FOMC Gathers?
This will officially be known as ‘the week before the critical FOMC meeting’.
Euro Forecast- ECB’s QE Program Initiation Sinks Euro Despite Forecast Optimism
Questions over the effectiveness of the ECB’s QE program are overshadowing the ECB’s hopeful growth and inflation forecasts, weighing on the Euro.
Japanese Yen Forecast – USD/JPY NFP Breakout at Risk for Japanese Verbal Intervention
The fundamental developments due out next week may generate fresh monthly highs in USD/JPY should the data prints put increased pressure on the Bank of Japan (BoJ) to further embark on its easing cycle.
British Pound Forecast – British Pound Dangerously Close to Larger Breakdown
The British Pound finished the week sharply lower versus the resurgent US Dollar as it fell for five consecutive trading days and finished barely above key multi-year lows.
New Zealand Dollar Forecast – New Zealand Dollar at Risk on Adverse RBNZ vs Fed Outlook Shift
The New Zealand Dollar looks vulnerable to deeper losses as dovish RBNZ rhetoric and firming Fed rate hike bets drive an adverse policy outlook shift.
Gold Forecast – Gold Plummets Through Key Support as NFPs Boost Rate Expectations
Gold prices plummeted this week with the precious metal off by more than 3.9% to trade at 1165 ahead of the New York close on Friday.
Sign up for a free trial of DailyFX-Plus to have access to Trading Q&A's, educational webinars, updated speculative positioning measures, trading signals and much more!
Want to develop a more in-depth knowledge on the market and strategies? Check out the DailyFX Trading Guides we have produced on a range of topics.
