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.

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
EUR/USD
Bullish
Oil - US Crude
Mixed
Wall Street
Mixed
Gold
Bullish
GBP/USD
Bearish
USD/JPY
Mixed
More View more
Real Time News
  • Point 3 is not talked about enough. The bureaucratic - dare I say, Leviathan - in most universities is resulting in tuition prices skyrocketing without adding clear value to the students. https://t.co/WNZIORrfAk
  • Think #amzn will gap higher on Monday after Black Friday and the giant move to online shopping?
  • The exponential moving average (EMA) is a derivative of the simple moving average (SMA) indicator. Compared to the SMA, the EMA weighs recent price changes more heavily than later changes in price. Learn how to incorporate the EMA into your strategy here: https://t.co/w48c0xJXSX https://t.co/xFmhA7ZHqU
  • Traders in the Euro have a big decision to make this weekend: if EUR/USD hits 1.20, will it continue to advance, consolidate or fall back? Get your $EURUSD market update from @MartinSEssex here:https://t.co/8hAhguZcEA https://t.co/kwtatozp3z
  • The bullish engulfing candle is one of the forex market's most clear-cut price action signals for reversals and continuation. Learn more about this price action trading signal here: https://t.co/Yg6ecRZZNr https://t.co/9SdceNYUEK
  • The bull flag pattern is a great pattern to add to a forex trader's technical arsenal. Explosive moves are often associated with the bull flag. Learn more about the bull flag pattern here: https://t.co/yOEvLjKnct https://t.co/imv2PnapzH
  • Defensive stocks have proven critically important when navigating stock market volatility. Find out what are the most defensive stocks here:https://t.co/TMcbMALtbw https://t.co/mmldxxEtsc
  • Dollar Index has broken major uptrend support and risks accelerated losses into the December open. Get your $USD technical analysis from @MBForex here:https://t.co/Txo8l8S1f1 https://t.co/YLVzP95JH8
  • The MACD is an indicator that uses exponential moving averages (EMA) to determine trend strength along with entry points based on crossovers. Find out how you can use the MACD as a buy/sell signal here: https://t.co/qxnP99uqTQ https://t.co/tGVqSZ2zK3
  • Support and resistance are the cornerstone of technical analysis, making it the foundation that you build your knowledge on. Build a stronger foundation here: https://t.co/yXLaRpl90I https://t.co/reMoYpqkQO
Webinar: Central Bank Weekly: US Dollar, Sparked by FOMC, May Have Turned

Webinar: Central Bank Weekly: US Dollar, Sparked by FOMC, May Have Turned

2017-09-29 17:31:00
Christopher Vecchio, CFA, Senior Strategist
Share:

Upcoming Webinars for Week of October 1 to October 6, 2017

Monday at 7:30 EDT/11:30 GMT: FX Week Ahead

Wednesday at 6:00 EDT/10:00 GMT: Mid-Week Trading Q&A

Thursday at 7:30 EDT/11:30 GMT: Central Bank Weekly

See the full DailyFX Webinar Calendar for other upcoming strategy sessions

In this webinar I discuss the major central banks' monetary policies and their implications for FX markets over the next week.

The Federal Reserve's decision to announce the beginning of its balance sheet normalization process, or unwind of their QE asset purchases, took market partcipants by surprise last week, as did the FOMC's reaffirmation of their intention to raise rates by another 25-bps by December.

Concurrently, with Fed policy intentions looking more hawkish than what the market was previously pricing in, the US Dollar has been lifted by rising yields and rising rate expectations - legitimate sources of support in the near-term, particularly against the low yielding, safe haven currencies.

Chart 1: Inverse USD/CHF, Inverse USD/JPY, Gold, & US Treasury 10-year Yield Hourly Timeframe (September 2017)

Webinar: Central Bank Weekly: US Dollar, Sparked by FOMC, May Have Turned

Other topics covered include:

- What does the recent move in the US Treasury 2-year and 10-year yields tell us about the prospects for Gold, USD/CHF, and USD/JPY?

- What are the implications for the DXY Index if the EUR/USD head & shoulders pattern is validated?

- Why are Euro losses likely to be capped in the near-term, even if the ECB decides to wait to taper its QE program?

Read more: USD/CHF, USD/JPY Outlooks Remain Bullish as US Yields Stay Elevated

--- Written by Christopher Vecchio, CFA, Senior Currency Strategist

To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com

Follow him on Twitter at @CVecchioFX

To be added to Christopher's e-mail distribution list, please fill out this form

View our long-term forecasts with the DailyFX Trading Guides.

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

DISCLOSURES