Forex Forecast: Emerging Market Crisis Meets FOMC Taper
• A capital flight from the emerging markets has put the market at unease for general risk trend
• There is a scale for global risk where the next steps see deeper markets and funding seize up
• With a deep economic calendar, we are facing a trying week of fundamentals and possibly new trends
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Chief Strategist John Kicklighter discusses the top Forex fundamental themes for the coming week of trading. These sessions are held live every Monday at 16:30 GMT. We have another catalyst that has stirred fear in the global capital markets - a flight of capital from the emerging markets. Yet, these is just a surface cut to sentiment trends. To really destabalize persistent trends, a mind towards return and even underlying funding conditions; we need to tap deeper-seated fears. There is plenty of opportunity to do just that this week.
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.