The BoE is yet another central bank fanning the rate speculation flames, lifting the Pound and suppressing the Dollar. Will the Fed revive the Greenback?
Next week brings a Pivotal Federal Reserve meeting where the bank may look to begin balance sheet reduction. This is QE in reverse, and questions abound for how it might roll-out.
Sterling has enjoyed a stellar week after Bank of England Governor Mark Carney’s hawkish rhetoric opened the way for an interest rate hike ahead of market expectations.
The coming week will see monetary policy meetings at both the US Federal Reserve and the Bank of Japan but there are no prizes for guessing which will be more important for Japanese Yen trade.
The Australian Dollar hasn’t moved far down from its 2017 peaks and there isn’t a compelling argument to suppose that it will do so this week.
Equities Forecast: S&P 500 at Risk of FOMC; DAX Looking Higher, FTSE 100 Lower
Gold prices snapped a three-week winning streak and have carved out a clean monthly opening range. Here are the updated targets & invalidation levels that matter.
Despite heading for the first weekly gain since July, Crude Oil pushed lower from a strong downward trendline on Hurricane Irma risk.
See what live coverage is scheduled to cover key event risk for the FX and capital markets on the DailyFX Webinar Calendar.
See how retail traders are positioning in the majors using the IG Client Sentiment readings on the sentiment page.