Forex Weekly Trading Forecasts: Volatility to Prevail Amid FOMC Decision, Geopolitical Tension
What will move the US dollar in the week ahead? We are awash in major fundamental catalysts – the type that can generate meaningful trends and not just short-lived bouts of volatility.
The European Central Bank is losing credibility as it flip-flops a week after its rate decision: will or will not the Euro's elevated exchange rate prompt action? Not yet, not when the EURUSD is only trading near $1.4000.
Gold rallied for a sixth consecutive week with the precious metal advancing 2.8% to trade at $1378 ahead of the New York close on Friday.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.