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Video: Where Rate Expectations Are Leading the Dollar and Majors

Video: Where Rate Expectations Are Leading the Dollar and Majors

John Kicklighter, Chief Strategist

Talking Points:

• Rate expectations have been and will continue to be one of the primary drivers for the FX markets

• The extreme 'hawkish' view is currently debate on timing for a first hike, 'dovish' is a chance of new QE

• We look at the Dollar, Euro, Yen, Pound, Loonie, Franc, Aussie and Kiwi Dollar policy positions

Want to develop a more in-depth knowledge on the market and strategies? Check out the DailyFX Trading Guides we have produced on a range of topics.

The Dollar's rally over the past seven months and Euro tumble through the past eight are more heavily based in monetary policy than traditional 'risk' fluctuations. Expectations ranging from first rate hikes to expansion in stimulus programs have fed volatility in the currency market even when the traditional ebb and flow of speculative appetite for carry or haven has tempered. While fears of a cross-market deleverage are slowly growing (which monetary policy may play a role in), volatility and trend are developing more consistently through this important theme. So, in today's Trading Video, we run cover where policy expectations stand for all the majors and key milestones ahead.

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