(MENAFN- DailyFX) Australian Dollar Forecast: May Head Lower If RBA Jawboning Starts Anew
The Australian Dollar has just come through a rather more peaceful week than the preceding one but could fall once more if the RBA continues to highlight the benefits of a weaker currency.
Oil Forecast: Price Tied to Non-OPEC Supply Concerns, Lower Demand
Crude oil will take its price cues from the ongoing concerns on increased supply from non-OPEC sources.
British Pound Forecast: Sterling Struggles as the Brexit Clock Ticks
The British Pound is just about keeping its poise against a range of currencies, especially a strong US Dollar , with less than two weeks until PM May presents her Brexit deal to Parliament again.
US Dollar Forecast: Needs Sentiment Consistency to Set Lasting Trend
The US Dollar seesawed last week, reflecting the competing influence of fundamental cross-currents. Risk sentiment consistency may be needed for a lasting trend.
Euro Forecast: Euro Forecast: Deteriorating Fundamentals Continue to Weigh on Price
The Euro continues to slide alongside deteriorating inflation expectations, which just hit their lowest level in more than two years this past week. Upcoming survey figures don't look that optimistic.
Gold Forecast: Gold Bull-Flag Formation Continues to Unfold Ahead of FOMC Minutes
Developments coming out of the U.S. economy may continue to heighten the appeal of gold as the Federal Reserve further adjuststhe forward-guidance for monetary policy.
Equities Forecast: Dow Jones and DAX Hinged to Trade Wars, Potential Auto Tariffs
The Dow Jones Industrial Average and the German DAX will look to progress from the US-China trade talks and potential auto tariffs.
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