The fundamental focus will shift temporarily from the Dollar over the coming week – just as trend pressure comes into view – with China’s NPC meeting and the ECB rate decision drawing traders’ anxiety.

US Dollar Forecast – Dollar Tumble Threatens Long-Term Trend Again, FOMC Too Far Away

The Dollar tumbled this past week as a tempered view for Fed rate hikes rendered the currency incapable of taking advantage of the improved sentiment across global markets.

Euro Forecast – Euro Unlikely to Stay Lower Unless ECB Meeting Yields Big Bazooka

Another swell in volatility is a near-certainty across the EUR-crosses with the European Central Bank’s meeting this Thursday. Without a surprise, the ECB seems destined to send the Euro on an early-December 2015 replay.

British Pound Forecast – GBP/USD Rebound at Risk as BoE Speaks on U.K. Referendum

After posting the first five-consecutive days of advances since June, GBP/USD stands at risk facing near-term headwinds should Bank of England (BoE) officials endorse a wait-and-see approach ahead of their next interest rate decision on March 17.

Japanese Yen Forecast – Japanese Yen Poised to Gain this week if Big Event Disappoints

A great week for the US S&P 500, Japanese Nikkei 225, and other global financial bellwethers pushed the inversely-correlated Japanese Yen lower against almost all G10 counterparts.

Australian Dollar Forecast – Australian Dollar Outlook Hinges on ECB Meeting, China News-Flow

The Australian Dollar will look to the impact of the ECB rate decision on risk appetite trends and news-flow from China’s NPC for fuel to extend the largest rally in four years.

New Zealand Dollar Forecast – RBNZ Will Provide Guidance on NZ Dollar’s Recent Flight

The New Zealand Dollar has out-performed every currency aside from its rival Australian Dollar over the last week.

Chinese Yuan Forecast – Yuan To Remain in Focus at the NPC Conference

Print Friendly, PDF & Email

Related Posts