Skip to content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
Central Banks Losing Influence Drives Dollar, Euro and Yen

Central Banks Losing Influence Drives Dollar, Euro and Yen

John Kicklighter, Chief Strategist

Talking Points:

  • USD has tumbled this past week as a passive view of the Fed has opened the currency to stronger counterparts
  • The Japanese Yen's surge this past week was the largest since the height of the Great Financial Crisis
  • Top event risk this week is NFPs, Fedspeak and the RBA rate decision

Having trouble trading in the FX markets? This may be why.

Chief Strategist John Kicklighter discusses the top Forex fundamental themes for the coming week of trading. In stark contrast to this past week's dense economic docket, the path ahead is rather light for fundamental sparks. That leaves exceptionally strong FX moves open to drift and dangerous degrees of speculation. In the past week, the Dollar has plunged, USDJPY posted its biggest tumble in weeks and EURUSD has been driven above 1.15. These seem to contradict the prevailing expectations and traditional interpretation as monetary policy as a clear fundamental driver. The influence of extreme easing and emerging tightening policies has seen a progressive loss of influence, and out of this considerable confusion has arisen. We discuss in this recording these important big picture themes along with the scheduled event risk scheduled in the week ahead to better prepare traders for the fundamental side of the market.

To receive John’s analysis directly via email, please SIGN UP HERE

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

DISCLOSURES