Weekly Trading Forecast: Who Will Follow the Fed's Hawkish Lead?


(MENAFN- DailyFX) The may struggle to capitalize on a hawkish Fed as other central banks including the BOE and ECB prepare to following its lead and pull back on stimulus.

US Dollar Forecast:

The US Dollar snapped a four-week losing streak and looks likely to attempt a larger recovery following a hawkish policy meeting. It's success is far from assured.

Forecast:

will likely pause for breath this week after its steady climb throughout the year so far.

Forecast:

The Bank of Japan may be even more dovish now with the addition of a new board member, but threats from North Korea may continue to restrain the runaway Yen-weakness that's become commonplace in risk-on environments.

Australian Dollar Forecast:

The Australian Dollar's 2017 role in life seems to be to hover around its highs, at least against the US version. There seems little chance of a change this week.

New Zealand Dollar Forecast:

Fresh remarks from the Reserve Bank of New Zealand (RBNZ) may influence the near-term outlook for with Prime Minister Bill English slated to win the election.

Equities Forecast:

Looking ahead to next week markets will try to keep steady footing barring surprises North Korea, German elections FTSE rises back into key resistance on May ‘Brexit' speech.

Forecast:

Gold broke below the monthly opening-range lows this week with prices at risk for further losses near-term. Here are the updated targets & invalidation levels that matter.

Crude Oil Forecast:

The price of a barrel of has moved higher in the past three months as the current OPEC production cut agreement crimped output but markets now need to know if these cuts will be extended or not

See what live coverage is scheduled to cover key event risk for the FX and capital markets on the .

See how retail traders are positioning in the majors using the .


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