Traders’ nerves were shaken this past week as volatility surged and capital markets stumbled. Now the focus turns to whether the correction is over or just beginning…
US Dollar Forecast- Dollar and the Markets Contemplate Volatility and QE
Amid extreme financial market volatility swings and talk of US stimulus plans, the US Dollar finished out a second consecutive week in the red.
Japanese Yen Forecast – Japanese Yen To Extend Gains on Global Slowdown, Fed Tightening Fears
A lull in homegrown event risk will keep macro-level trends in focus for the Japanese Yen in the week ahead
British Pound Forecast – GBP/USD Rebound Vulnerable to Dovish BoE Minutes, Slowing 3Q U.K. GDP
The British Pound may face additional headwinds in the week ahead should the fundamental developments coming out of the U.K. drag on interest rate expectations.
Australian Dollar Forecast – AUD Faces Further Swings On Market Jitters, Q3 Inflation, & China GDP
The Aussie may be in store for another wild week with shifts in general market sentiment, local CPI figures and top-tier Chinese data to offer the currency guidance.
Gold Forecast – Gold Rally at Risk Amid Sticky US Inflation- $1222 Key Support
Gold prices pushed higher for a second consecutive week with the precious metal rallying 1.27% to trade at $1238 ahead of the New York close on Friday.
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.
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Source: Daily fx