The trends amongst the majors are arguably the most remarkable performances across the financial system. Yet, on the back of an 11-week USDollar rally and EURUSD drive to two year lows, can these trends survive key event risk ahead?
US Dollar Forecast – Dollar Looks to Close Out Best Quarter Since Great Financial Crisis
We are only a few days from the close of the US Dollar’s best quarterly performance since the third quarter of 2008 – at the height of the financial crisis.
British Pound Forecast – British Pound Goes Back to Basics – Yields Point to GBP Strength
The British Pound traded higher versus all G10 counterparts save the US Dollar and Japanese Yen. Why might it continue higher through the foreseeable future?
Australian Dollar Forecast -AUD Eyes 2014 Low As Yield Appeal Wanes Amid Volatility Swell
The Australian Dollar faced another week of heavy selling pressure as traders likely unwound carry trades amid of a surge in market volatility.
Gold Forecast- Gold Down 5% in September- $1206 Support in Focus Ahead of ECB, NFPs
Gold prices are virtually unchanged this week with the precious metal off just a fraction of a percentage point to trade at $1213 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.
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
