Weekly Trading Forecast: US and UK GDP Look to Charge Fed and Brexit Speculation

Volatility has picked adult for a FX marketplace these past weeks, though gripping a assign will need serve elemental winds. Will eventuality risk like US and UK 3Q GDP readings step adult a task?

US Dollar Forecast – Is This A Dollar Rally or EUR/USD Tumble – It’s Not a Same Thing

The ICE Dollar Index (DXY) posted another considerable week’s allege by this past Friday. That marksthree uninterrupted weeks that a benchmark banking has climbed to eight-month highs – and during a fastest gait given a Nov convene behind to 12-year highs.

British Pound Forecast – GBP/USD Range Vulnerable to 3Q GDP Reports, BoE/Fed Rhetoric

The 3Q Gross Domestic Product (GDP) reports entrance out of a U.K. and U.S. along with a uninformed call of executive bank tongue might coax increasing sensitivity in GBP/USD, though a span might continue to connect within a slight operation as British Prime Minister Theresa May increases her efforts to equivocate a ‘hard Brexit.’

Australian Dollar Forecast – Australian CPI to set a Tone in Aussie

while a Australian economy has now went 25 years but an tangible recession, a miss of acceleration as tellurian expansion has cooled has lifted some really critical questions about sustainability of Australian growth.

Canadian Dollar Forecast – BoC Talk, “Impossible” Trade Pact, and Weak Retail Sales Hurt CAD

The Canadian Dollar mislaid belligerent opposite a house final week as a elemental hits keep coming. The Canadian Dollar fell to a lowest turn given Mar 16 when a Federal Reserve dashed hopes of an seductiveness rate travel in a nearby destiny to element their Dec hike.

Chinese Yuan Forecast –USD/CNH Eyes All-Time High as PBOC Tolerance Grows

Both a offshore and onshore Yuan forsaken to six-year lows on Friday: The USD/CNH strike 6.7756 and a USD/CNY overwhelmed 6.7635.

Gold Forecast –Gold Price Bounce, Rebound in Questions Ahead of US GDP

Gold priceswere on a firmer balance this week with a changed steel adult 1.15% to trade during 1265 forward of a New York tighten on Friday. The gains come notwithstanding continued strength in a greenback with a USDIndex (DXY) rallying behind into a 2016 open during 98.69 (highest levels given February).

Weekly Trading Forecast: US and UK GDP Look to Charge Fed and Brexit Speculation

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Jobless rate falls as wage growth slows

Unemployment figures have fallen, as the number of Australians in part-time work rose. Picture: Thinkstock AUSTRALIA’S unemployment rate fell to 5.7 per cent in July, ...