US Dollar Forecast – US Dollar to Test Fresh Highs on Critical Week for Financial Markets
The US Dollar bounced sharply off of recent lows as a fresh round of “Taper” from the US Federal Reserve boosted outlook for the Greenback.
Euro Dollar Forecast – Euro Risks Market-wide Collapse as EURUSD, EURJPY Break Lower
A mild slip by the euro this past week started to evolve into a serious tumble through Friday’s close.
British Pound Forecast – GBP Continues to Carve Higher Lows Ahead of BoE- Fresh High on Tap?
The British Pound appears to be carving a higher low ahead of the Bank of England (BoE) February 6 meeting as the central bank is widely expected to normalize monetary policy ahead of schedule.
Australian Dollar Forecast – Australian Dollar Outlook Clouded Ahead of Critical Event Risk
The outlook for the Australian Dollar is clouded in the week ahead as the currency faces a perfect storm of domestic and external fundamental event risk.
Gold Forecast – Gold Responds to Key Resistance Ahead of NFPs- Bearish Below $1270
Gold is markedly lower this week with the precious metal down 2.36% to trade at $1240 ahead of the New York close on Friday.
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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
