Forecasts & Analysis | Currencies
USD/JPY Fundamental Daily Forecast – Rising Fed Rate Hike Expectations Offset Intervention Fears
Investors are chasing the higher yields in the United States, making the U.S. Dollar a more attractive asset than the Japanese Yen.
AUD/USD and NZD/USD Fundamental Daily Forecast – Pressured by Worsening US Inflation Expectations
Weighing on the Aussie and Kiwi are higher interest rates, higher inflation and the Fed having to continue to move its funds target higher.
Powell Got One Thing Right, “high interest rates … will bring pain”
The repercussions of the recent series of extremely strong rate hikes will most certainly create extreme volatility and bonds, currencies, equities, and precious metals.
USD/JPY Weekly Price Forecast – US Dollar Continues Its March Higher
The US dollar has rallied again during the course of the week against the Japanese yen as Bank of Japan officials have reiterated their plans to keep interest rates down.
GBP/USD Weekly Price Forecast – British Pound Continues Volatile Ride
The British pound has been all over the place during the course of the week, but that should not be huge price considering everything that’s going on.
GBP/JPY Weekly Price Forecast – British Pound Explodes to The Upside
The British pound has exploded to the upside against the Japanese yen during the trading week, as we find ourselves in the same general vicinity that has caused major headaches.
EUR/USD Weekly Price Forecast – Euro Has a Choppy Week
The Euro has gone back and forth during the course of the week, as we continue to see the market try to find some type of bottom.
AUD/USD Weekly Price Forecast – The Australian Dollar Plunges Again
The Australian dollar has fallen hard during the trading week, as we continue to see a lot of noisy behavior. That being said, the market has turned around quite nicely.
USD/JPY Price Forecast – US Dollar Continues to Grind Higher
The US dollar has rallied significantly during the trading session on Friday to show strength yet again against the Japanese yen.