US Dollar Forecast – US Dollar May Rise After Trump Meets Juncker, GDP Growth Soars

The US Dollar could return to the offensive as President Trump dials down commerce struggle rhetoric whereas second-quarter GDP information places US progress at a four-year excessive.

Euro Forecast: Euro Unlikely to Find a Lifeline in ECB This Week

The bar was already pretty low for the July European Central Financial institution assembly, however with commerce tensions working excessive and inflation expectations meandering, merchants ought to decrease expectations much more for any change in coverage.

British Pound Forecast – GBP: Holiday Lull Ahead but Brexit May Break the Calm

The UK Parliament begins a six-week vacation mid-next week with rumors of a management problem nonetheless doing the rounds. An absence of UK information subsequent week will even go away Sterling weak to any Brexit replace.

Australian Dollar Forecast – Australian Dollar Braces for CPI, US GDP, ECB and Trade Wars Next

The Australian Dollar braces for native inflation information, US GDP, an ECB price determination and the specter of commerce wars. Combining the dangers creates for a moderately bearish basic forecast.

Japanese Yen Forecast – USD/JPY Clings to Bullish Trend Ahead of U.S. 2Q GDP Report

Recent information prints popping out of the U.S. financial system could curb the latest selloff in USD/JPY as the expansion price is predicted to develop 4.2% within the second-quarter of 2018.

Oil Forecast – Trump’s Trade War Threats Combine with Saudi Supply to Weaken Bullish Argument

Calendar spreads within the oil market have softened recently with Brent displaying the primary front-month low cost since September that hurts the broader bullish argument.

Chinese Yuan Forecast- Yuan Eyes on PBOC’s Guidance; Stocks Outlook Remains Cautious

China’s prime policymaker appears to have shifted tone on the Yuan to extra weak spot; on the identical time, Chinese language equities may nonetheless be weak because the US threatened to impose further tariffs.

Gold Forecast- Gold Prices Bounce From Fresh Yearly Lows After Trump Walks Back USD

Gold prices noticed recent yearly lows this week however will a flip within the USD provide some aid within the days forward. These are the up to date targets & invalidation ranges that matter.

Equities Forecast –Nasdaq 100 Eyes New Record, DAX Seeks Improved EU-US Trade Relations

Nasdaq 100 observing yet one more file excessive with Amazon, Fb and Alphabet reporting subsequent week. DAX is searching for a lift from easing EU-US commerce dispute.

See what reside protection is scheduled to cowl key occasion danger for the FX and capital markets on the DailyFX Webinar Calendar.

Weekly Trading Forecast: Can Markets Hold Steady Through US GDP with Trade Wars Exploding?

See how retail merchants are positioning within the majors utilizing the IG Client Sentiment readings on the sentiment page.

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