US Dollar Forecast - US Dollar Ready for Further Gains, but What Stands in the Way? What a difference a week makes. The US Dollar surged versus the Euro and other major forex counterparts and the Dow Jones FXCM Dollar Index posted its single-largest weekly gain in 5 months. Euro Forecast – Euro Collapse Versus Dollar as Much an ECB Factor as Risk Trends The Euro was the worst performer of the majors – and the drop it suffered was nothing short of spectacular. Light Calendar has Japanese Yen at Risk from Abroad: ECB, NFPs
Japanese Yen continued to trade choppily against most of the majors, though with significant event risk abroad over the coming days, there is a distinct possibility that more concerted fundamental and technical trends could develop. Australian Dollar Forecast – Australian Dollar Sensitive to RBA Decision and Risk Trend We’ve argued in favor of a significant Australian Dollar recovery since early August . Gold Forecast - Gold Sell-off Intensifies as USD Firms- GDP, NFPs, in Focus Gold prices plummeted more than 2.6% this week with the precious metal trading at $1313 ahead of the New York close on Friday.
Weekly_Forex_Trading_Forecast_Market_Weighs_Fed_Taper_ECB_Stimulus_body_7788.png, Weekly Forex Trading Forecast: Market Weighs Fed Taper, ECB Stimulus
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.