Weekly Trading Forecast: Dollar to Clarify Reversal Ambitions, RBA and BoE Ahead

US Dollar Forecast: Dollar Descent Continues as U.S. Markets Stare Down NFP, PCE The USD Pain Trade has continued for another week as the Fed laid the groundwork to begin Quantitative Tightening. Key inflation and employment prints on the docket for next week will likely keep the Greenback on the move. British Pound Forecast: Trending […]

DAX Trading Towards Gap-fill, Break of H&S Neckline

What’s inside: Post-ECB drop accelerates Friday, gap-fill likely H&S top to trigger on a move much lower from here Will require strong bullish price action to negate current bearish bias What major factors are expected to impact the DAX & Euro in Q3? Find out here! To end last week, we were noting DAX weakness […]

British Pound: Expect Choppy, Sideways Trading

Fundamental Forecast for GBP: Neutral All in all, the past week was a good one for the British Pound, lifted by hawkish interest rate comments. However, the Brexit negotiations and domestic politics are still likely to be the key drivers in the days ahead. Check out the DailyFX Economic Calendar and see what live coverage […]

Weekly Trading Forecast: Searching for Scarce Direction Cues

A slowdown in top-tier economic news flow leaves battered financial markets to reckon with the aftershocks of last week’s back-to-back bombshells. US Dollar Forecast: US Dollar Caught Between Upbeat Fed, Skeptical Markets The US Dollar is caught between a confident Federal Reserve and skeptical financial markets even as political instability risk remains an ever-present threat. […]