Friday, February 12, 2016

Forex Weekly Forecast: Dollar is the Big Loser until this Changes

DailyFX.com -

Tensions are running high as the S&P 500 hits its worst streak since the heights of the Global Financial Crisis. But all hope is not lost—we're keeping an eye on these key themes in the big week ahead.

US Dollar Forecast – US Dollar in Danger of Further Losses – Here are the Key Risks[1]

The US Dollar tumbled for the second straight week against the Japanese Yen and other major counterparts in a volatile week for global markets.

Japanese Yen Forecast - It's the Bank of Japan versus the Rest of the World[2]

It's been quite the week for the Yen, and taking a step back, it's been quite the two-week stretch for the Japanese currency.

Canadian Dollar Forecast – Canadian Dollar Has Found Life Outside The Price Of Oil[3]

The Canadian Dollar continues to claw back some of the 23% drop since the May 2015 low against the US Dollar.

Australian Dollar Forecast - Australian Dollar at Risk on RBA Outlook, Global Sentiment Trends[4]

The Australian Dollar recoiled sharply higher after hitting a 4-year low but a deteriorating RBA policy outlook and churning sentiment trends may renew selling pressure.

Gold Forecast – Gold Rockets to Fresh Highs as Equity Rout Continues[5]

Gold prices soared for a fourth consecutive week with the precious metal rallying more than 5% to trade at 1247 on Thursday evening in New York.

Chinese Yuan Forecast – China Reopens after Holiday Week, How Will the Yuan Respond?[6]

The offshore Yuan (CNH) rose to the highest level in two months against the US Dollar this week thanks to a smaller-than-expected drop in China's foreign reserves combined with Chair Yellen's testimony saying that negative rates are not out of the question for the US economy.

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Forex Weekly Forecast: Dollar is the Big Loser until this Changes

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original source[9]

DailyFX[10] provides forex news and technical analysis on the trends that influence the global currency markets.
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