The battle to pass Fed-influencing US tax cut legislation will vie with policy announcements from the RBA and the RBNZ for the markets’ attention.
US Dollar Forecast: All Eyes on Washington DC Amid Tax Cut Debate
The US Dollar is likely to find its fortunes linked to the prospects of passing tax cut legislation that markets think might lead to a steeper Fed rate hike cycle in 2018.
British Pound Forecast: Short-Term Weakness May Offer Long-Term Opportunity
The post-Bank of England sell-off in Sterling has pushed it back towards support levels and may offer bullish traders a second bite of the cherry.
Japanese Yen Forecast: USD/JPY Stalls at July-High; Outlook Unfazed by Powell Appointment
The series of failed attempt to test the July-high (114.50) raises the risk for a near-term correction in USD/JPY as the pair preserves the range from earlier this year.
Australian Dollar Forecast: Australian Dollar May Not Get Much Support From The RBA
Australian Dollar bulls can probably look forward with scant relish to this week’s interest rate decision. Unless the RBA has had a major change of heart it won’t offer them much.
New Zealand Dollar Forecast: The New Zealand Dollar and The Tides of Change Ahead of the RBNZ
Next week’s RBNZ meeting comes amidst a tidal wave of change facing the Central Bank. While caution will likely be the order of the day, will Kiwi sellers remain at bay?
Chinese Yuan Forecast:Â Yuan Looks to Trump-Xi Meeting, New Yuan Loans
The Chinese currency will embrace risks from both top leaders’ meetings and economic events in the coming week.
Crude Oil Forecast:Â WTI Crude Oil Trades Intraday to 2017 High As OPEC Breeds Confidence
The price of Crude Oil is set to rise another week, making it the fourth advancement of both WTI Crude and ICE Brent Oil. In late trading on Friday
Equities Forecast:Â S&P 500, DAX & FTSE All Notch New Record Highs; More to Come?
