Weekly Trading Forecast: FOMC Promises Year-End Fireworks

A final burst of volatility may bookend a tumultuous year for the financial markets as the Fed delivers a much-anticipated policy announcement.

US Dollar Forecast: Will the US Dollar Rise After a Fed Rate Hike? Maybe Not.

A widely expected interest rate hike from the Federal Reserve may not be enough by itself to provide fuel for a lasting advance from the US Dollar.

Japanese Yen Forecast: US Dollar Remains a Buy versus the Yen, but Watch Critical Week Ahead

A critical US Federal Reserve meeting in the week ahead will likely determine whether the USD/JPY can hit further highs before the year is through.

British Pound Forecast: Fate of GBP/USD Relief Rally Hinges on FOMC/BoE Rate Decisions

Key developments coming out of the U.K. & U.S. are likely to spark increased volatility in GBP/USD as the Federal Open Market Committee (FOMC) is widely anticipated to raise the benchmark interest rate ahead of 2017.

Canadian Dollar Forecast: Energy & Pending Inflation Turning a Corner to Boost Canadian Dollar

The Canadian Dollar is ending the week of December 9 atop the podium of G10 FX. When you look at the start of the week or even against a few weeks ago, there is a stirring of optimism surrounding the Canadian Dollar.

Australian Dollar Forecast: Australian Dollar Wobbles But Won’t Fall Down

The Australian Dollar seems to ride the waves like a Bondi surfer. Despite some wobbles it’s likely to continue to do so, at least until the RBA sees the color of the Fed’s money.

New Zealand Dollar Forecast: Kiwi Shrugs-Off Resignation of PM Key as Wheeler Signals End of Rate-Cut Cycle

Earlier in the week, the world was caught by a bit of a surprise with the announcement of the resignation of New Zealand Prime Minister, John Key. Mr. Key was unique in his role as a political leader, as he has considerable financial market experience after his tenure as an FX Dealer at Merrill Lynch.

Chinese Yuan Forecast: Yuan Futures Show Downtrend to Continue after FOMC Meeting

Both the offshore and onshore Yuan resumed descent against the U.S. Dollar this week. The USD/CNH tested a major resistance level of 6.9354 (361.8% extension of the previous major move), though failed to break the level. The USD/CNY climbed above 6.8900, the 2008 high.

Weekly Trading Forecast: FOMC Promises Year-End Fireworks

See what live coverage is scheduled to cover key event risk for the FX and capital markets on the DailyFX Webinar Calendar.

See the DailyFX 4Q forecasts for the Dollar, EuroPound, Equities and Gold in the DailyFX Trading Guides page.

Disclosure: You can trade our forecasts in a real or demo Forex brokerage account to test the strategies and ...

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