Weekly Forex Trading Forecast: Its Fed Taper Versus BoJ Stimulus Next Week
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?
The Euro has had an uneasy start to 2013 as incoming data loses its luster. Will concerns about regional deflation and growth override speculation around ECB policy?
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.
The Japanese Yen finished the week almost exactly where it began in a quiet week of trading.
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.
How does a Currency War affect your FX trading?
Written by the DailyFX Research Team. To sign up for a weekly e-mail with our currency outlooks, go to our page for forex news delivered to your inbox.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.