Weekly Trading Forecast: Financial Markets Shudder After US -Turkey Tensions Deteriorate

US Dollar Forecast: US Dollar Gains on Market Turmoil, Eyes Bond Sales and TIC Data

Haven demand lifted the US Dollar amid turmoil in emerging markets. Bond sale results and TIC data may complicate matters next week.

British Pound Forecast: GBP: UK Inflation and Wages Data to Help Sterling Consolidate

The latest look at UK employment, wages and inflation data is likely to underpin Sterling at its current multi-month lows. However, the fate of GBPUSD may still lie in the hands of a rampant US dollar.

Australian Dollar Forecast: Australian Dollar Faces Plenty of Negatives, But Range Looks Firm

The Australian Dollar remains under considerable fundamental pressure but it may not be enough to blow away a persistent trading band.

Japanese Yen Forecast: USD/JPY Weakness to Persist Bearish Formations Take Shape

USD/JPY stands at risk, extending the decline from earlier this month as the exchange rate carves a series of lower highs and lows.

New Zealand Dollar Forecast: NZD/USD Drop May Gain on Brexit, Turkish Financial Exposure Fears

The sentiment-linked New Zealand Dollar could fall on Brexit fears and Turkish financial exposure concerns. NZD/USD declines can also amplify if the US Dollar acts as a safe haven.

Chinese Yuan Forecast: Yuan May Consolidate on PBOC’s Intervention, Petro-Yuan Arbitrage Emerges

China’s Central Bank indicates that it could calm the Yuan further; at the same time, the Petro-Yuan price jumped and arbitrage opportunities have increased.

Equity Forecast: Equity Forecast for Dow, S&P 500, DAX and FTSE for Next Week

Global stocks showed pull backs to varying degrees this week as the economic situation around Turkey sparked fears of contagion in Europe.

Gold Forecast: Gold Prices in Tug-Of-War Between USD Strength and Safe-Haven Demand

Gold is lower for the fifth consecutive week but prices continue to hold just above key support. These are the updated targets & invalidation levels that matter next week.

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