Watch China, Milk for Kiwi Cues

Share This: DailyFX.com – Fundamental Forecast for the Kiwi: Bearish NZD/USD broke through the November lows as risk aversion around the world continued heating up throughout the week. Positioning remains stretched in the Kiwi-Dollar, indicating further losses may be down the road. If you’d like to follow positioning and sentiment changes on the Kiwi to get hints towards… Read More »

US Dollar Slow To Respond to Risk Trends, Fed Keeping it Back?

Share This: DailyFX.com – Fundamental Forecast for Dollar: Bullish Debate over the timing of the Fed’s next rate hike was drowned out by China, commodities and capital markets’ plunge While risk aversion is broadening, the Dollar has yet to show it is serious about resuscitating its haven appeal What are the Traits of Successful Traders? See what our… Read More »

If Risk Implodes, Which Currencies Stand to Suffer or Soar?

Share This: DailyFX.com – A sharp slide in capital markets reflected a strong ‘risk off’ mentality into the close of this past week. Will cooler heads prevail ahead or was that the next move to escalate a bigger shift in sentiment? US Dollar Forecast – US Dollar Slow To Respond to Risk Trends, Fed Keeping it Back? The… Read More »

Euro Grind Continues as Prospect for ECB Action Slowly Increases

Share This: DailyFX.com – Fundamental Forecast for EUR/USD: Neutral – Retail traders remain on the opposite side of the recent trend in EUR/USD. – EUR/USD hasn’t been conforming to the USDOLLAR Index’s breakout attempt. – As volatility increases across FX markets, it’s a good time for traders to reacquaint themselves with risk management principles. To receive reports from… Read More »

Japanese Yen Shouldn’t be Strong, but it will Likely Continue Higher

Share This: DailyFX.com – Fundamental Forecast for Yen:Neutral USD/JPY Breakout in Focus Ahead of Fed, BoJ Rate Decisions USD/JPY: Just a Bounce or a Bona Fide Pain Trade? For Real-Time SSI Updates and Potential Trade Setups on the Japanese Yen, sign up for DailyFX on Demand The near-term breakout in USD/JPY may gather pace next week should the… Read More »

USD/JPY to Stage Larger Recovery on Hawkish Fed, Dovish BoJ

Share This: DailyFX.com – Fundamental Forecast for Yen:Neutral USD/JPY Breakout in Focus Ahead of Fed, BoJ Rate Decisions USD/JPY: Just a Bounce or a Bona Fide Pain Trade? For Real-Time SSI Updates and Potential Trade Setups on the Japanese Yen, sign up for DailyFX on Demand The near-term breakout in USD/JPY may gather pace next week should the… Read More »

New Zealand Needs a Relief Rally to Take Eyes Off RBNZ Rate Cut Bets

Share This: DailyFX.com – Fundamental Forecast for the Kiwi:Bearish New Zealand Dollar Ends Last Week With Strongest Rise Vs. USD in 3-Months Weak CPI on Less Global Demand Keeps RBNZ Ripe for a Rate Cute This Week For up-to-date and real-time analysis on the Kiwi and market reactions to economic factors currently ‘in the air,’ DailyFX on Demand… Read More »

BoC Takes a Step Back from QE to Put Focus on Fiscal Policy, Stimulus

Share This: DailyFX.com – Fundamental Forecast for CAD: Neutral Fundamental Forecast for Oil: Bearish The Canadian Dollar put in a massive reversal move on Wednesday after the Bank of Canada took a ‘wait and see’ approach towards increases to further QE; moving the focus for future stimulus towards Fiscal Policy. After Wednesday’s Massive Reversal, Positioning is indicating that… Read More »

British Pound Shows Signs of Life – Can it Continue Higher?

Share This: DailyFX.com – Fundamental Forecast for British Pound: Bearish Lackluster UK inflation and employment data does little to boost the Sterling Most traders make the same mistake in their trading. Do you? View our 2016 forecasts for the British Pound and other major currencies The British Pound finally showed signs of life as it recovered from multi-year… Read More »

US Dollar Traders on High Alert Amid GDP, FOMC, Market Volatility

Share This: DailyFX.com – Fundamental Forecast for Dollar:Bullish Through trading at a 12-year high, the USDollar Index has struggled to make meaningful progress While uncertain risk trends remain ahead, a horde of event risk ahead is anchored by a FOMC decision and US GDP See our 1Q 2016 forecast for the US Dollar in our Trading Guides page.… Read More »