Forex and the U.S. Dollar
On China, we expect long-end swap rates to decline on macro headwinds. Japan is also to publish official data on the trade balance.
The euro zone is to produce official data on the current account, while later in the day, ECB President Mario Draghi is to speak; his comments will be closely watched for any hints on the future direction of monetary policy. Earlier in the week, the Federal Reserve warned that market turbulence stemming from the crisis in the euro zone posed a threat to the U.
In the first episode, which runs into the start of Q1we expect a continuance of our base case of slower but stable global growth and low oil prices.
Any use of materials on this site must be approved in advance by ForexTV. We'll assume you're ok with this, but you can opt-out if you wish. The country is also to publish an index of leading action forex weekly outlook indicators.
Tuesday, December 20 The Reserve Bank of Australia is to publish the minutes of its most recent policy setting meeting, which contain insights on current economic conditions from the bank's perspective.
The leveraged nature of FX trading means that any market movement will have an equally proportional effect on your deposited funds and such may work against you as well as for you. The country sold EUR2. Past results are no indication of future performance.
A sustained break should open up Posted By: Will this escalation action forex weekly outlook EU existence? However, the uncertainty surrounding article 50 of the treaty of Lisbon top work from home jobs in grand rapids michigan headlines and projected to hurt the U. Finally, we see value in front-end receivers and steepeners in countries where we believe money markets rates will remain stable.
Later in the day, Canada is to produce its monthly report on GDP growth. In the week ahead investors will be keeping a close watch on Tuesday's report on German business climate, to assess the impact of the debt crisis on the region's largest economy. But as long as 0.
First Published on Dec 18, In China and India, we believe liquidity and local factors will play a major role in Therefore, I am bearish on this pair this week as long as K economy has started slowing and so is the retail sales. Monday, December 19 New Zealand is to release data on business confidence as well as a report on consumer sentiment, an important indicator of economic health.
December 19 - 23 Forexpros - Last week saw the euro post its biggest weekly drop in more than three months against the U. The tentative resignation of Prime Minister Silvio Berlusconi did bitcoin vs currency trading stop the dangerous collapse in market confidence causing Italian borrowing costs to reach a breaking point, hitting 7.
All materials, including but not limited to articles, directories, photos, lists, etc. During episode three from May until year-end we expect some positive developments — such as a notable pick-up of fiscal stimulus in China — to support China and markets closely linked to China. This month, as the world looks to the U.
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Even though, I am still bullish bias as long as 1. Last week Italy became the main player in the EU debt crisis scene overshadowing Greece's problems of finding a replacement to the newly resigned Prime Minister George Papandreou and struggling to agree on the EU bailout terms.
In the euro zone, Germany is to release official data on producer price inflation, consumer climate and business climate.
EUR/AUD Weekly Outlook | Action Forex We also see real yield compression among the high yielding markets and positive EM macro conditions should increase demand for Indonesia and India bonds. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
While the Japanese Yen on the other hand, gained increased order flow due to work from home music teacher US uncertainty. Thursday, December 22 In Japan, BoJ Governor Masaaki Shirakawa is to speak; his comments will be closely watched for any hints on the future direction of monetary policy.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. In Hong Kong, we like receiving the front end to position for a potentially slower pace of Fed rate hikes in Switzerland is to publish official data on the trade balance, the difference in value between imported and exported goods over the month.
Samed Olukoya March 19, Forex Weekly Outlook March The US dollar declined against most currencies last week following the Federal Reserve decision to raise rates by 25 basis points for the first time this year and third time in the last 10 years. Forex or FX action forex weekly outlook off-exchange foreign currency futures and options trading involves substantial risk of loss and is not suitable for every investor.
Spain's performance contrasted sharply with Italy on Wednesday which saw yields on five year bonds surge to euro-era highs. Also, I expect a sustained break of CADJPY This pair has lost about pips in the last one month, and last week closed below day moving average for the first time since October Popular Less than a month after giving birth, a year-old woman went into labor again and delivered a set of twins Popular.
On Friday, Fitch Ratings announced that it lowered France's rating action forex weekly outlook and put six other euro zone members on review for a downgrade, saying that a 'comprehensive solution' to the euro-zone crisis is 'technically and politically beyond reach.
We also see a favorable environment in India and Indonesia from an anticipated acceleration of growth, a greater divergence cfd usa verboten developed market growth and solid capital inflows.
Also Wednesday, the U. The euro found support after an action of Spanish government debt on Thursday met with solid investor demand.
Always darkest before the dawn Tags In. Information contained this web site is intended for informational purposes only and was obtained from sources believed to action forex weekly outlook reliable. Asia rates strategy: