There is an avalanche of high-level event risk due in the week ahead. Be ready for the risk and opportunity.
US Dollar Forecast– Dollar Ready toReverse Should FOMC, GDP Give its Consent
The stage is set and the curtain is rising. The Dollar has wobbled these past weeks, but it hasn’t managed to turn its nine-month long bull trend.
Japanese Yen Forecast – Japanese Yen to Look Past BOJ Decision, Focus on Greece and FOMC
The Japanese Yen is likely to look beyond the BOJ policy announcement to focus on Greek funding matters and the outcome of the FOMC rate decision.
British Pound Forecast – British Pound Likely to Rally Further, but Watch these Two Key Risks
An important jump in interest rate expectations helped push the British Pound to fresh two-month highs versus the US Dollar.
Australian Dollar Forecast – AUD/USD to Eye March High on Less-Dovish RBA, Fed Delay
AUD/USD is likely to face increased volatility in the week ahead amid the key developments coming out of the U.S. economy.
Gold Forecast – Gold Plummets Alongside USD Ahead of FOMC – Support 1173
Gold prices fell for a third consecutive week with the precious metal off more than 2.17% to trade at 1177 ahead of the New York close on Friday.
Sign up for a free trial of DailyFX-Plus to have access to Trading Q&A’s, educational webinars, updated speculative positioning measures, trading signals and much more!
Want to develop a more in-depth knowledge on the market and strategies? Check out the DailyFX Trading Guides we have produced on a range of topics.
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