Although the European Central Bank is widely expected to raise the benchmark interest rate by another 25bp in July, the statement following the meeting is likely to heavily influence the single-currency as investors weigh the prospects for future pol…
New Zealand’s 1Q GDP report is expected to show another 0.3% expansion in the growth rate, and the rise in GDP should spark a bullish reaction in the local currency as the recovery gathers pace.
Market participants anticipate the Reserve Bank of Australia to keep the benchmark interest rate at 4.75% in July, and currency traders are likely to show a bearish reaction to the rate decision should the central bank continue to endorse its ‘…
US Dollar Second Half Trend Hinges on NFP Results, Dow Jones Rallies
Euro Turns to ECB, US Jobs Data as Greece Worries Fade
Japanese Yen To Be Influenced By Risk, Policy
British Pound to Resume Slide Ahead of BoE Decision
Canadian Dollar Outlook …
The U.S. ISM Manufacturing index is expected to fall back to 52.0 in June from 53.5 in the previous month, which would be the lowest reading since August 2009, and the slower pace of production could spark a bearish reaction in the U.S. dollar as it …
US Dollar Appeal and Forecast Improve as QE2 Comes to an End
Will Euro Traders be Pacified by Possible Short-Term Greece Fixes?
Japanese Yen Likely to be Buffeted by Slew of Economic Data Next Week
British Pound To Threaten Rebound From January As…
Retail spending in Canada is projected to increase 0.4% in April after holding flat in the previous month, and the rebound in household consumption could spark a bullish reaction in the loonie as growth prospects improve.
US Dollar Closer to True Bull Trend Backed by Rates, Liquidity Demand
Euro Weakness to Persist on Mounting Contagion Concerns
Japanese Yen Outlook Mixed Ahead of Twin EU Summits, FOMC
Pound Losses Likely as Data to Continue to Weigh
Claims for unemployment benefits are forecasted to increase another 6.5K in May following the 12.4K expansion in the previous month, and the ongoing weakness within the labor economy is likely to weigh on the British Pound as the U.K. faces a slowing…
US Dollar Not Locked into a Permanent Bull Trend Until Rates Rise
Euro Falls Sharply as Greece Aid Package Uncertain – Risks High
Japanese Yen To Benefit From Risk Aversion, BoJ On Tap
Sterling Losses to Gather Pace Post BoE- CPI Eyed
The headline reading for U.K. inflation is expected to hold steady at an annualized 4.5% in May, but a slower pace of core price growth could weigh on the British Pound as currency traders scale back speculation for a rate hike later this year.
The Canadian economy is anticipated to add another 20.0K jobs in May following the 58.3K expansion in the previous month, and the ongoing improvement in the labor market is likely to spark a bullish reaction in the local currency as growth prospects …
EURUSD: Euro US Dollar Exchange Rate Forecast
USDJPY: US Dollar Japanese Yen Exchange Rate Forecast
GBPUSD: British Pound US Dollar Exchange Rate Forecast
USDCHF: US Dollar Swiss Franc Exchange Rate Forecast
USDCAD: US Dollar Canadian Dollar Exch…
US Dollar Likely to Fall Further as NFPs Disappoint, USD Yields Tumble
Euro Rally on Delayed Greece Crisis May Last if Risk Holds Off
Yen Strength has Traders Eyeing BoJ- GDP Data on Tap
Pound Direction Hinges on Rate Decision
Canadian Dollar To …
US Dollar Health Depends on the S&P 500 First and QE2 Second
Euro Forecast Bullish but Greek Debt Crisis Remains Major Risk
Japanese Yen Direction to be Dictated by Broader Market Trends
British Pound to Decline as Interest Rate Hike Outlo…
Economic activity in the U.S. is expected to increase an annualized 2.2% in the first-quarter amid an initial forecasts for a 1.8% expansion, and the upward revision in GDP could spur a bullish reaction in the U.S. dollar as the outlook for future gr…
Orders for U.S. durable goods are expected to contract 2.5% in April and the decline in private sector consumption is likely to spur a bearish reaction in the greenback as the outlook for future growth deteriorates.
Sales of newly built homes in the U.S. are expected to hold flat in April and the ongoing weakness within the real economy could bear down on the exchange rate as investors weigh the prospects for a sustainable recovery.
US Dollar Rally to Resume as QE2 Expiry Looms Ever Closer
Euro Risks to Downside as Greek Troubles threaten Euro Zone
Japan Slides Back Into Recession– Yen suffers, but Losses Tempered
British Pound To Face Range-Bound Price Action On Mi…
The headline reading for Canadian inflation is projected to increase at an annualized pace of 3.4% in April, which would mark the fastest pace of price growth since September 2008.