How Will a Volatile Market React to the Fed Decision, US GDP?

Share This: – While the markets may have recovered ground this past week, investors are far from optimistic. Anxiety pervades and a heavy round of key event risk ahead threatens to easily revive volatility – if not fear. US Dollar Forecast – US Dollar Traders on High Alert Amid GDP, FOMC, Market Volatility Technically, the Greenback (USDollar… Read More »

Australian Dollar Recovery at Risk on CPI Data, FOMC Meeting

Share This: – Fundamental Forecast for the Australian Dollar: Neutral Conflicting cues abound as markets eye CPI data to inform RBA views Hawkish FOMC statement may renew risk aversion, sink Aussie Dollar See how FXCM traders are positioned in AUD/USD with DailyFX SSI The Australian Dollar launched an aggressive recovery last week, posting the largest five-day advance… Read More »

Euro Burdened By Prospect of ECB Action in March – Is it a Real Threat?

Share This: – Fundamental Forecast for EUR/USD: Neutral – The ECB did as was widely expected and hinted at possible policy action in March. – Retail traders flipped positioning in EUR/USDonly after the pair dropped following the ECB meeting. – Risk management is paramount to long-term profitability in trading – see what principles you should embody in… Read More »

GBP/USD to Rebound to Succumb to Dovish BoE, Upbeat NFP Report

Share This: – Fundamental Forecast for British Pound: Neutral GBP/USD – All About 1.4400 GBP/USD Rebound Vulnerable to Lackluster 4Q U.K. GDP Print View our 2016 forecasts for the British Pound and other major currencies The Bank of England (BoE) interest rate decision is likely to heavily impact the British Pound next week with the central bank… Read More »

CAD Rally Stalls After Reversing Longest Losing Streak Since 1971

Share This: – Fundamental Forecast for CAD: Bearish Canada’s Dollar Strengthen on Crude Oil’s Turnaround of 20%+ in 1-week, which shows few fundamental factors sustaining the rally. Canadian Dollar Likely to Gain further versus US Dollar per the Speculative Sentiment Index Canadian Dollar Strength Best Plaid through Bearish EUR/CAD As Markets Digest Draghi’s Comments & Crude’s Bounce… Read More »

BoJ Makes Stealth Move to Negative Rates, Pressure on to China

Share This: – Fundamental Forecast for Yen:Neutral The Yen put in its largest annual loss after the Bank of Japan made a surprise move to negative rates. USD/JPY: Shock and Some Awe (critical resistance zone in 121.50-122 area). USD/JPY – Don’t Forget About the 26-Year Trendline. Track changes in positioning and sentiment in real-time to filter trends… Read More »

Gold Boosted by Softer Fed Stance- Resistance at 1130

Share This: – Fundamental Forecast for Gold:Neutral Gold Rejected on First 1130 Test Japan Negative Rate Spooks Gold, Rumored OPEC Cut Supports Oil Sign up for DailyFX on Demand For Real-Time Gold Updates/Analysis Throughout the Week Gold prices are higher this week with the precious metal rallying nearly 1.8% to trade at 1117 ahead of the New… Read More »

Dollar Hits a 12-Year High, But Can NFPs and Sentiment Maintain Lift?

Share This: – Fundamental Forecast for Dollar: Neutral The next FOMC decision is scheduled for March 16; and there is a wide gulf between the market’s and Fed’s outlook Top event risk on the US docket are the January labor statistics and the Fed’s preferred inflation reading for December See our 1Q 2016 forecast for the US… Read More »

Australian Dollar May Move on US Data After Static RBA

Share This: – Fundamental Forecast for the Australian Dollar: Neutral RBA likely to maintain status quo, Chinese PMI data may pass quietly Impact of US news on risk trends biggest Aussie Dollar volatility risk To see the 2016 outlook for AUD/USD, check out our Trading Guides The Australian Dollar continued to recover for second week, bolstered by… Read More »