Despite numerous downside risks to the US economy and the likelihood of yet more Fed rate cuts before year end owing to the rapid deterioration of the domestic economy, USD has managed to shed its six-year bear market, a trend that is likely to continue. USD gained as the economic outlook elsewhere deteriorated as, if [...]
Entries Tagged as 'Forex Forecast'
US Dollar 1 – 3 Month Outlook: Gains amid USD funding crisis
October 8th, 2008 · No Comments
Tags: Forex Forecast
Currencies and Other Financial Markets
September 15th, 2008 · No Comments
As much as we like to think of the forex market as the be-all and end-all of financial trading markets, it doesn’t exist in a vacuum. You many even have heard of some these other markets: gold, oil, stocks, and bonds.
There’s a fair amount of noise and misinformation about the supposed inter-relationship among these markets [...]
Tags: Forex Forecast
USD Short-Term Outlook - Struggle but poised to advance
August 6th, 2008 · No Comments
1 - 3 Month Outlook:
USD suffered staggering body blows in July with the collapse of IndyMac, the third largest banking failure in US history, and a near-death experience by mortgage giants Fannie Mae and Freddie Mac. USD wobbled and net USD shorts did increase, but USD did not test the March 17 low of 70.7. [...]
Tags: Forex Forecast