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Weekly Trading Forecast: NFPs and RBA Rate Decision Key FX Catalysts This Week

DailyFX.com -

Monetary policy has proven the Forex market's top driver the past six months. That puts this week's NFPs a market-forecasted RBA rate cut in the spotlight.

US Dollar Forecast– Dollar Breaks Bullish Record but Momentum Facing Headwind

When is ‘in-line’ a source of fundamental strength – when the economy/market/asset is already positioned as a leader.

Euro Forecast - Euro Enters Headline-Driven Cycle as Market Awaits March QE Launch

With Greek leadership rattling the cages of the Euro-Zone’s creditors and the ECB’s QE program set to launch in six-weeks, the Euro is in a veritable state of headline-driven purgatory.

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Japanese Yen Forecast – Japanese Yen Likely to test Major Levels on Key Week Ahead

The Japanese Yen remained near-motionless against the US Dollar, but key events in the days ahead suggest the USDJPY could finally break its tight consolidative range.

British Pound Forecast – GBP/USDPreserves Bearish Momentum Ahead of BoE Meeting

The Bank of England (BoE) interest rate decision may have a limited impact on GBP/USD as the central bank is widely expected to preserve its current policy at the February 5 meeting.

Australian Dollar Forecast – Australian Dollar May Rebound as RBA Disappoints Rate Cut Bets

The Australian Dollar may launch a rebound if the RBA opts against a rate cut and maintains neutral guidance at its upcoming policy meeting.

Weekly Trading Forecast: NFPs and RBA Rate Decision Key FX Catalysts This Week
Weekly Trading Forecast: NFPs and RBA Rate Decision Key FX Catalysts This Week

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