US Dollar Forecast – US Dollar Set for Breakout, Risk and Budget Standoff Decide Magnitude
The USDollar carved out an incredibly restrained 50 point range this past week – directly after the Fed held course on stimulus.
Euro Forecast – Why Might Next Week Finally Bring Big Euro and US Dollar Moves?
The Euro finished just short of 7-month highs versus the US Dollar as the 4th-consecutive week of DJ FXCM Dollar Index (ticker: USDOLLAR) weakness left the EURUSD near recent peaks.
British Pound Forecast – Pound Eyes 1.6200 on More Hawkish BoE, Stronger U.K. Recovery
Fresh comments from Bank of England (BoE) Governor Mark Carney pushed the British Pound to a weekly high of 1.6132, and the GBPUSD may continue to track higher ahead of the next policy meeting on October 10 as the central bank moves away from its easing cycle.
How does a Currency War affect your FX trading?
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
