US Dollar Forecast – US Dollar Will Benefit from Taper, Risk Trends and Growth in 2014
The 2013 trading year was a mixed one for the US dollar as the chase for yield and persistent stimulus push by the Federal Reserve curbed the support from the economy’s underlying strength.
Gold Forecast – Gold Sheds Nearly 3% on Fed Taper- Bearish Tone Set for 2014 Open
Gold was off sharply on the week with the precious metal plummeting more than 2.8% to trade at $1203 ahead of the New York close on Friday.
Japanese Yen Forecast – Stronger Japanese Inflation to Spur Yen Correction as BoJ Sits Pat
The USDJPY climbed to a fresh yearly high of 104.62 as the Federal Reserve unexpectedly tapered its asset-purchase program by $10B.
Australian Dollar Forecast – Australian Dollar Recovery Looks Likely in the Weeks Ahead
The Australian Dollar looks likely to launch a recovery in the weeks ahead as stable RBA policy expectations are complimented by a correction in US yields.
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Written by the DailyFX Research Team. To sign up for a weekly e-mail with our currency outlooks, go to our page for forex news delivered to your inbox.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.Learn forex trading with a free practice account and trading charts from FXCM.
Source: Daily fx
