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Weekly Trading Forecast: Volatility in the Week Ahead with FOMC and NFPs!

With event risk like US non-farm payrolls, Chinese Manufacturing PMI and rate decisions from the ECB, BoE and Fed, this week is sure to be volatile in FX markets. Here’s what we are looking at. Dollar Will Reengage Taper Speculation with Read More →

Dollar Will Reengage Taper Speculation with FOMC, GDP and NFPs!

Dollar_Will_Reengage_Taper_Speculation_with_FOMC_GDP_and_NFPs_body_Picture_1.png, Dollar Will Reengage Taper Speculation with FOMC, GDP and NFPs!
Dollar Will Reengage Taper Speculation with FOMC, GDP and NFPs! Fundamental Forecast for US Dollar: Bullish Fed reporter Hilsenrath revives the market’s appetite for Taper Read More →

Gold Rebound Stalls Ahead of Resistance- Forecast Hinges on FOMC, NFP

Gold_Rebound_Stalls_Ahead_of_Resistance_Forecast_Hinges_on_FOMC_NFP_body_Picture_1.png, Gold Rebound Stalls Ahead of Resistance- Forecast Hinges on FOMC, NFP
Gold Rebound Stalls Ahead of Resistance- Forecast Hinges on FOMC, NFP Fundamental Forecast for Gold: Bearish Gold Pressing Confluence of Technical Levels Crude Oil, Gold Read More →

British Pound Rally to Accelerate on Stronger Recovery, Unanimous BoE

British_Pound_Rally_to_Accelerate_on_Stronger_Recovery_Unanimous_BoE_body_Picture_1.png, British Pound Rally to Accelerate on Stronger Recovery, Unanimous BoE
British Pound Rally to Accelerate on Stronger Recovery, Unanimous BoE Fundamental Forecast for the British Pound: Bullish GBP/USD Tags 38.2% Retracement of 2013 Decline Weekly Price Read More →

USDJPY Plummets As Dollar Index Continues To Slide

THE TAKEAWAY: US University of Michigan Consumer Confidence comes in better than expected > USD is broadly weaker > USDJPY plummets to ¥98.20 despite encouraging inflation figures Investor fears are back as global markets trade lower. Various measures of volatility indicate Read More →

False USDOLLAR Break Highlights Downside Targets Ahead of FOMC

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10734.54 10751.9 10705.2 -0.08 62.04% Chart - Created Using FXCM Marketscope 2.0 Release Expected Actual U. of Michigan Confidence (JUL F) 84.0 85.1 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is now trading 0.08 percent lower from the open after bouncing back from Read More →