Feedback

Currency, Investor & Market

Plenty of data from EZ and US next week

The last week of August won't lack entertainment, with plenty of data coming from Europe and the US. But beyond data, is pretty clear that the greenback is on a bullish trend, particularly against its European rivals...

Forex Weekly Outlook August 25−29

The dollar dominated once again, with multi−month gains against major currencies. Is it time for a correction or will this trend continue?

EUR/USD: 1.3000 psychological level comes at sight

The common currency found no relief this last week, but accelerated south after 3 weeks of limited ranges: the pair trades at fresh year lows, smashed by dollar strength, this last reinforced by Yellen's speech on Jackson Hole this Friday.

'BoE trying to avoid cuing aggressive speculation over first rate hike timing' − John Kicklighter, DailyFX

Governor Carney and the BoE adopted the game plan that the Fed had used back in June 2013 when it introduced hard targets. This was not meant to act as clear line on ‘when' they will act, rather it was likely adopted...

Broker EUR/USD GBP/USD USD/JPY USD/CHF

0.8

1.4

0.8

1.2

0.1

0.1

0.2

0.3

0.9

0.9

0.9

0.9

0.9

2.1

0.8

2.2

See all brokers >>>

Preferred brokers in your location

Dollar rally over? EUR and GBP sideways to bullish

Pair Average levels
1 Week 1 Month 1 Quarter
EURUSD 1.3236 1.3279 1.3216
GBPUSD 1.6558 1.6681 1.6734
USDJPY 103.75 104.30 104.97
USDCHF 0.9098 0.9113 0.9266
AUDUSD 0.9282 0.9205 0.9089
Pair Average levels
1 Week 1 Month 1 Quarter
USDCAD 1.0893 1.0964 1.1055
NZDUSD 0.8408 0.8476 0.8392
GBPJPY 172.62 173.45 176.08
EURJPY 138.01 138.55 139.56
EURGBP 0.8017 0.7967 0.7873

EUR/USD sideways, bullish, sideways: despite trading at fresh year lows, our poll shows experts don’t expect much more downside, but a recovery in a 1 month view.

GBP/USD not everything’s lost: Pound may test 1.6500, but the longer term perspective remains quite bullish, with 1.7000 still at sight.

USD/JPY downward correction expected ahead of new highs: trading around 104.00, the pair may ease some during next week, but resume the upside towards fresh highs above 105.00 afterwards.

AUD/USD bearish interest building up: Aussie steady below 0.9300 favors a continued decline against the greenback in a 3 month view.

EUR/JPY bullish but still limited: bulls outstood in EUR/JPY albeit gains above the 140.00 remain unclear.

Forex Live Analysis Room with Dale Pinkert

From Traders to Traders in Live Analysis

Forecast in currencies and commodities in the FXroom this week. Adam Constantinidis: GBP/USD at 1.8100 by 2015; constructive in CAC and FTSE; and Howard Friend: Remaining EUR/USD to 1.2600; Dow to 17,500.

Adam Constantinidas @Rectitudemarket

Howard Friend @Break_Retrace3

More Videos

Deliverable FX

Save money with our international payments

International Payments

Save money on your international payments with a simple way to move money around the world.

Save money with our international payments

Next
Dr. S. Sivaraman

Mon, Aug 25, 05:00 GMT

Register free!

Dr. Sivaraman will review the previous day close levels and calls given in his blog...

Rob Colville

Tue, Aug 26, 14:00 GMT

Register free!

I will discuss how private investors can profit from trading zones of supply...

Upcoming Live Events
Aug 25, 05:00 GMT Dr. S. Sivaraman
Aug 25, 12:00 GMT Premium Webinar Ed Ponsi
Aug 25, 13:00 GMT Premium Webinar Ed Ponsi

Education

Featured eBook

John Forman's Book

Opportunities in Forex Calendar Trading Patterns
Knowing the calendar forex trading patterns could make a huge difference in your trading performance. Find them in this comprehensive research report. More info

Connect with FXStreet

FREE Newsletter sign-up

Subscribe

Most Popular Content

Advertisement

MetaTrader: Platforms and Services

Download MetaTrader 4 or MetaTrader 5
Use Trading Signals to copy trades
Buy Trading Robot in MetaTrader Market
Enjoy MT4 and MT5 Mobile Trading

Latest from the FX Social Network

  • photo
    Jason commented a blog post 5 hours ago
    Inside the Currency Market: Historic Currency Periods
    Morning Brian Hope you are all well the past week. Not here for a couple of days but returned on last 2 days of the week. Missed your earlier posting... read more
  • photo
    Brian Twomey commented a blog post 12 hours ago
    Inside the Currency Market: Historic Currency Periods
    Review GBP/CHF stated shorts below 1.5161, dead stop 1.5160, EUR/JPY Stated shorts below 130.04, dead stop 137.90, AUD/CAD Target 1.0175, Dead stop ta... read more

ForexStreet.net Social Network

13751 members!

Join us now and connect with other traders!

EdMatts profile
Sony Kapoor I can read it at almost normal speed without much effort Can you? Our brain only needs the 1st & last letter in place pic.twitter.com/Sh5kmaRdqj
07:25 GMT
EdMatts profile
Stephen King RT @asentance: @KingEconomist @D_Blanchflower @MyStephanomics Thanks for the challenge Stephen, here is my response: https://t.co/fP9JtORyyb
06:54 GMT
EdMatts profile
Sony Kapoor Death from police shootings in various countries ... Via http://t.co/sYg1qc1BhW pic.twitter.com/1gQ1lJ2I8O
06:51 GMT
EdMatts profile
Russian Market RT @shiksabdnews: Письмо Макаревича Лимонову полный текст http://t.co/Y0UQT3yxde
06:43 GMT
EdMatts profile
Russian Market RT @ria_novosti: First trucks from Russian humanitarian convoy leave Ukraine
06:34 GMT
EdMatts profile
Russian Market Tricky and very expensive. “@elonmusk: 3 engine F9R Dev1 vehicle auto-terminated during test flight. No injuries. Rockets are tricky …”
06:26 GMT
EdMatts profile
Russian Market RT @drunktwi: Скажи наркотикам: "Нет!" pic.twitter.com/WVopfDZrt2
06:24 GMT
EdMatts profile
Russian Market RT @AFP: #BREAKING: Artillery fire 'kills two civilians' in Ukraine's rebel-held Donetsk
06:15 GMT
EdMatts profile
Russian Market RT @GrahamWP_UK: New video - I ask Oleg, of the Novorossiya militia if he's 'a Ukrainian guy' - https://t.co/lZoZkTMZNM #Lugansk #Ukrainecrisis
05:55 GMT
EdMatts profile
Douglas C. Borthwick West likely to work with Syria...
04:39 GMT
EdMatts profile
Douglas C. Borthwick #Ukraine White trucks fron #Russia remind me of 3 card monte... The public and media watch the trucks... Meanwhile what is moving elsewhere?
04:14 GMT
EdMatts profile
Linda Yueh@fcablog: I'm disappointed that it's an economics conference taking place in Lindau rather than one being chaired by Linda Yueh” V kind-thx
02:18 GMT
EdMatts profile
Linda Yueh Most sleep deprived cities are in Asia: Tokyo followed by Seoul where people sleep <6 hours a night, Singapore is 3rd http://t.co/I5ZO47W67B
02:16 GMT
EdMatts profile
Linda Yueh Africa’s population est rise from 1.1 billion, quadruple by 2100 & on a par with Asia then, each w 40% of world total http://t.co/bWk9fVzJlB
02:09 GMT
EdMatts profile
Linda Yueh Nearly 3 billion Internet users worldwide, and about a third of them are in developing countries http://t.co/Z89O1KzSaJ
02:07 GMT
EdMatts profile
Linda Yueh Est approximately half the decline (1.7% points) in US labor force participation rate is due to aging population http://t.co/eyU4Cy7QFi
02:04 GMT
EdMatts profile
Linda Yueh Avg ratio of cash+equivalents to market cap of Japan listed companies above 40%, compared to 15-27% range in other G7 http://t.co/NNrAcMewSZ
02:01 GMT
EdMatts profile
Linda Yueh impatient kids were 32% more likely to be convicted of a crime in next 18 yrs vs those who say wait for bigger reward http://t.co/svermFeSzI
02:00 GMT
EdMatts profile
Linda Yueh In the US, financial services, which accounted for 2.8% of GDP in 1950, made up 8.3% of GDP in 2006 http://t.co/LGmFOwp9Gc
01:55 GMT
EdMatts profile
Linda Yueh Pew study: 4 most powerful media companies mainly television-based in US: News Corp/Fox, Comcast/NBC, TimeW/CNN, ABC http://t.co/VWeRBJ5m96
01:53 GMT

Webinar Extract

Advanced Risk Management for Success in Modern Markets by Giuseppe Basile, CMT

Currency Converter

Into