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Weekly Trading Forecast: All Eyes Still on the Federal Reserve

Weekly Trading Forecast: All Eyes Still on the Federal Reserve

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Speculation on Fed monetary policy has driven volatility across the markets since the beginning of the month. Minutes from January's FOMC meeting promise more of the same ahead.

US Dollar Forecast: US Dollar May Fall Further on Timid FOMC Meeting Minutes

The US Dollar looks vulnerable to deeper losses as a cautious tone in minutes from January’s FOMC meeting fails to arrest capital outflows seeking rate hikes elsewhere.

Euro Forecast: Euro Turns to February PMIs, ECB Minutes to Keep Gains Intact

Even in the face of a -14.4% drop in net-longs over the past two weeks, EUR/USD was still able to push to new highs going back to December 2014. Needless to say, it will take a great deal of negativity – a change in tone by the ECB, a substantial turn in economic data – for traders to give up on their Euro bullishness.

British Pound Forecast: A Self-Imposed Spell On The Sidelines

The recent insipid trade in Sterling against the EUR and, to a lesser extent, the USD leaves us neutral on the UK currency ahead of heavyweight domestic data and ongoing Brexit discussions.

Japanese Yen Forecast: Yen Surges to 15-Month Highs: Japanese Inflation as a Pivotal Driver

The Japanese Yen surged through numerous levels of resistance this week, continuing a rally that’s shown since December inflation printed at 33-month highs. Will next week’s inflation continue the course?

Australian Dollar Forecast: Australian Dollar Vulnerable to Risk Trends and External Factors

The Australian Dollar appreciated this week as Wall Street recovered and volatility cooled. The currency seems vulnerable to risk trends and external factors going forward.

Crude Oil Forecast: Crude Oil Price Sees Weekly Gain on OPEC Persistence, Weak US Dollar

After a rough start to the beginning of February, Crude Oil remains bid and is bouncing off a handful of technical support points that could favor trend continuation.

Gold Forecast: Gold Prices Bounces Back on Strong CPI but Preserve January Range

Gold prices are snapping a two-week losing streak as price pressures in the US mount. Here are the updated targets & invalidation levels that matter.

Equities Forecast: Global Stock Market Rebound Could Be In For a Test This Week

In the week ahead, markets will look to try and follow-through from last week, but look for more two-way trade as the rally gets tested.

Weekly Trading Forecast: All Eyes Still on the Federal Reserve

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.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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