Weekly Trading Forecast: Risk Trends Shudder as the Market Processes Growth Fears and Monetary Policy Shortcomings
The Australian Dollar gained when the US Fed struck a dovish tone last week. But markets soon realized that what applies to the Fed probably goes double for the RBA.
British Pound Forecast GBP Fundamental Forecast: And The Brexit Band Played OnAnother week consisting of point, counterpoint, noise and rumors ends up with no-one any the wiser as to how and when Brexit will end. And yet Sterling continues to battle to keep its head above water.
US Dollar Forecast Post-FOMC U.S. Dollar Recovery to Face Slowing GDP Report
Developments coming out of the U.S. may continue to drag on the dollar as ‘data arriving since September suggest that growth is slowing somewhat more than expected.'
Gold Forecast Gold Price Outlook Clouded by Recession Signals, US Econ Data DropGold prices rose as a dovish Fed sent bond yields lower and fears of a recession subsequently increased. Near-term XAU/USD outlook neutral, precious metal eyeing US GDP and core PCE inflation.
Euro Forecast Euro at Risk on Data Flow and ECB Comments, Brexit Vote May EyedThe Euro may face further selling pressure as incoming data flow and downbeat ECB commentary weigh on policy expectations. Another Brexit vote threatens volatility.
Equities Forecast Dow Jones, FTSE 100 and DAX 30 Fundamental ForecastThe Dow Jones will cope with a dovish Fed and lower growth forecasts while European equity markets look to avoid a 'no-deal Brexit.
See what live coverage is scheduled to cover key event risk for the FX and capital markets on the DailyFX Webinar Calendar .See how retail traders are positioning in the majors using the IG Client Sentiment readings on the sentiment page.
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