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Weekly Trading Foreacst: All Eyes on Fed Interest Rate Decision

DailyFX.com -

A monetary policy announcement from the Federal Reserve is set to dominate price action across markets in the week ahead.

US Dollar Forecast - US Dollar May Find This Week's FOMC Meeting Disappointing

Despite the Federal Reserve’s best intentions to raise its key interest rate, it seems destined - given peripheral concerns – that the US Dollar will fall no matter what the Fed does.

Euro Forecast- Euro ‘Funding-Currency’ Status at Risk on Hawkish Fed Outlook

The Federal Reserve’s September 17 interest rate decision may heavily impact the near to medium-term outlook for EUR/USD especially as the European Central Bank (ECB) shows a greater willingness to further embark on its easing cycle.

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British Pound Forecast- British Inflation Could Bring a New Trend to the Pound

Rate expectations in the United Kingdom have been on a similar, albeit more consistent rollercoaster as that of their American trading partners.

Japanese Yen Forecast- JPY Bears Rejoice on BoJ Advisor’s QE Recommendation

The following headlines caused JPY bears to rejoice this week and were a key reason the JPY ended the week weaker against AUD & EUR by ~3.75% and ~2.95% respectively.

Gold Forecast- Gold Sell-Off Approaches Familiar Territory – FOMC to Pave the Way

Gold prices are weaker for a third consecutive week with the precious metal off by 1.5% to trade at 1104 ahead of the New York close on Friday.

Weekly Trading Foreacst: All Eyes on Fed Interest Rate Decision
Weekly Trading Foreacst: All Eyes on Fed Interest Rate Decision

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