Currency markets are in for another week of breakneck volatility as a slew of key data releases and three high-profile monetary policy announcements cross the wires.
US Dollar Forecast- Usd Aiming Higher as Upbeat Jobs Data Fuels Fed Hike Bets
US Dollar looks poised to continue to advance for a third week as upbeat payrolls data fuels speculation that a Fed interest rate hike will arrive sooner rather than later.
Great British Pound Forecast – British Pound Holds on by a Thread- What to Watch in Week Ahead
The British pound finished the week notably lower versus the resurgent US Dollar, but a busy week of economic event risk ahead suggests the GBP/USD may see big moves and could very well stage a reversal.
Australian Dollar Forecast – AUD Poised For Intraday Volatility On Torrent Of Top-Tier Data
The Aussie is bracing for a medley of economic releases that may catalyze intraday swings, yet scope for follow-through may be limited amid steadfast RBA bets.
Gold Forecast – Gold Plummets to 4-Year Lows as Fed Ends QE- $1206 Resistance
Gold prices plummeted this week with the precious metal off by more than 5.2% to trade at $1166 ahead of the New York close on Friday.
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Source: Daily fx
