Forecasts & Analysis | Currencies
USD/JPY Forecast: BoJ’s Interest Rate Hike Prospects and a Drop Toward 140
Investors will focus on the Bank of Japan’s monetary policy decision amid prospects of a historic interest rate hike, impacting the USD/JPY trajectory.
AUD to USD Forecast: RBA Interest Rate Decision Crucial Amid US Housing Market Focus
Investor focus shifts to RBA interest rate decision as AUD/USD edges lower, with the RBA Governor Bullock press conference pivotal for near-term trends.
Hang Seng Index, ASX 200, Nikkei Index: The BoJ and the RBA in the Spotlight
Investor focus on Fed’s impact as Asian markets eye BoJ pivot and RBA’s forward guidance. ASX and Nikkei futures diverge.
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests New Highs As NAHB Housing Market Index Beats Expectations
Treasury yields are moving higher ahead of the Fed Interest Rate Decision, which is bullish for the American currency.
USD/JPY Forecast – US Dollar Continues to Grind Against Yen
The Dollar continues to rally against the yen on Monday, as traders await both the Bank of Japan and the Federal Reserve central banks this week.
US Dollar (DXY) Index News: Traders Bracing for Central Bank Decisions
The DXY faces pivotal moments as it encounters 50-day and 200-day moving averages.
EUR/USD Forecast – Euro Continues to Consolidate
The euro bounced a bit during the session on Monday, as the ‘risk on’ attitude has returned to the markets. The euro has seen a lot of volatility, but at this point, we are obviously in a range.
AUD/USD Forecast – Aussie Continues to Grind Back And Forth
The Aussie dollar continues to go back and forth during the session on Monday, as we are still stuck in the same consolidation area that we have been in. I think this is very likely to be the case going forward as well.
EUR/USD, GBP/USD, DXY Price Forecast: CPI Data and Fed’s Rate Decision to Determine Market Sentiment This Week
Anticipate market shifts as CPI data and Fed’s pivotal rate decision take center stage this week, potentially reshaping EUR/USD and GBP/USD trends.
USD/JPY Forecast: Yen Buyers Alert as BoJ Mulls Rate Pivot
Investor interest in Japan’s machinery orders and the BoJ’s monetary policy meeting will influence USD/JPY movements amid US housing sector scrutiny.