US Dollar Forecast - US Dollar Ready to Advance on Taper View or Surge on Fear Swell Last month, the Federal Reserve took a very sharp monetary policy turn when it announced the first ‘Taper’ of its open-ended stimulus program. Euro Forecast - Euro Faces First Test of 2014 as Rates Fall Ahead of ECB
Euro had its first down week across the board in several months as data from the Euro-Zone's second largest economy has created a short-term panic. Still, a patient ECB could pave the way for a Euro rebound by week's end. Gold Forecast - Gold Opens 2014 on Strong Footing - Rally at Risk Heading into NFPs Gold prices are markedly higher this week with the precious metal rallying nearly 2% to trade at $1236 ahead of the New York close on Friday. Japanese Yen Forecast - Japanese Yen Shows Signs of Life but Does Rally Continue The Japanese Yen clawed back losses versus the Euro and US Dollar as traders took profits on JPY-short positions to start the New Year Australian Dollar Forecast - Australian Dollar Rebound Likely to Continue in the Near Term The Australian Dollar began to recover on the back of stable domestic prospects and digestion of the Fed QE “taper” outlook, as expected . More of the same is seen ahead.
Weekly_Forex_Trading_Forecast_Liquidity_Returns_as_Risk_and_Stimulus_Trends_Tremble_body_title.png, Weekly Forex Trading Forecast: Liquidity Returns as Risk and Stimulus Trends Tremble
More How does a Curre n cy 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 you r 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.