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  • Bank of Japan: FY2020 GDP forecast is -4.7%, Japan's economy in extremely severe situation -BBG $USDJPY
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Forex Trading Weekly Forecast 03.25.2013

Forex Trading Weekly Forecast 03.25.2013

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Strong Data Could Boost the Buck’s Fortune into the End of March

The US Dollar finished the week overall lower, althought it was not the worst performer; it outperformed three majors while underperforming the other four.

Why Isn’t Euro Crashing on Cyprus Fears?

For all the scaremongering over Cyprus, you would have expected the Euro to fall off of a cliff against the safe-haven US Dollar and British Pound. It didn’t. Why hasn’t the Euro fallen, and more importantly, can it continue to hold its ground given regional turmoil?

Japanese Yen to Hold Range Ahead of BoJ- Will Kuroda Deliver?

The Japanese Yen continued to consolidate against its U.S. counterpart, but the range—bound price action in the USDJPY may be short lived as Haruhiko Kuroda takes the helm of the Bank of Japan (BoJ).

Sterling Boosted by Haven Flows Thanks to Cyrprus; Data Outlook Soft

The British Pound was a top performer this week, trailing only the resilient New Zealand Dollar and the quizzically strong Japanese Yen, while adding +0.76% against the US Dollar, and +1.42% against the Euro.

Australian Dollar Vulnerable to Cyprus-Driven Risk Aversion

The Australian Dollar appears vulnerable as worrisome news-flow out of Cyprus threatens to spark market-wide risk aversion that engulfs the high-yielding currency.

Canadian Dollar Outlook Bullish On Low Budget Deficit, Inflation

The Canadian dollar finished slightly lower on Friday after trimming most of its earlier losses against the greenback following Thursday’s release of Canada’s 2013 Budget Report.

Gold Bears Poised as Prices Mount $1600- Cypress In Focus

Gold took another leg higher this week with the precious metal advancing by 1% to close the week at $1608 in New York on Friday.

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Forex_Trading_Weekly_Forecast_03.25.2013_body_Picture_1.png, Forex Trading Weekly Forecast 03.25.2013

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