Forex Forecast: Risk Aversion and ECB, BoJ Stimulus Lead Trade Discussions
• We start the week with a 'risk off' drive, but the docket is light on fundamental fuel for this theme
• Speculation on Eurozone stimulus will take center stage this week alongside a BoJ rate decision
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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. Risk appetite took at turn for the worst at the end of this past week, and the tumble continued into the opening of this new trading week. Has last week's NFPs finally shaken the markets from their complacency and bulls from their perch? Meanwhile, monetary policy speculation will maintain a firm grip on the majors' bearings particularly with discussion of ECB QE and a BoJ rate decision.
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.