The British pound had one of its worst weeks in recent memory, shedding almost 300 points against the surging US dollar. Can the pound turn things around? This week’s highlights are Manufacturing Production and the Inflation Report Hearings. Here...
Sunday, 7 September 2014
EUR/USD Forecast Sep. 8-12
EUR/USD had a dramatic week, falling once again and losing the 1.30 line as the ECB surprised with strong measures. Will we see more falls or can a correction be expected now? Trade balance figures, and industrial output numbers are among the indicators released...
USD/JPY Forecast Sep. 8-12
USD/JPY continues to lose ground as we move away from summer, and closed above the 105 level. It’s a busy week, with 12 events on the schedule. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/JPY.
As expected, the...
Forex Weekly Outlook September 8-12MAJORS, US DOLLAR FORECAST
The US dollar had another strong week in currency markets, bowing only to the Aussie, as the euro and the pound were hit hard. Can we expect a correction or continuation now? US retail sales and consumer sentiment, Australian employment data and a rate decision in New...
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