The Dollar trades near major highs versus the Euro and other FX counterparts. Why might key currencies hit fresh extremes in the final two weeks of the year?
US Dollar Forecast – US Dollar Targets Fresh Highs versus Euro, but What Could Change?
The US Dollar finished at fresh multi-year highs versus the Euro and near key peaks versus other currencies, boosted by a sharp improvement in US interest rate expectations on a highly-anticipated Fed interest rate decision.
Japanese Yen Forecast – Japanese Yen May Resume Recovery on Year-End Capital Flows
The outcome of Japan’s snap election passed without making much noise in the financial markets last week as expected.
British Pound Forecast – GBP/USD Range in Focus Ahead of U.K. & U.S. 3Q GDP Reports
The Gross Domestic Product (GDP) reports coming out of the U.K/U.S. may spark a further decline in GBP/USD as market participants see the Federal Open Market Committee (FOMC) normalizing monetary policy ahead of the Bank of England (BoE).
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Source: Daily fx
