US Dollar Forecast - US Dollar May Rise After Trump Meets Juncker, GDP Growth Soars[1]
The US Dollar[2] may return to the offensive as President Trump dials down trade war rhetoric while second-quarter GDP data puts US growth at a four-year high.
British Pound Forecast - GBP: Holiday Lull Ahead but Brexit May Break the Calm[3]
The UK Parliament begins a six-week holiday mid-next week with rumors of a leadership challenge still doing the rounds. A lack of UK data next week will also leave Sterling vulnerable to any Brexit update.
Australian Dollar Forecast – Australian Dollar Braces for CPI, US GDP, ECB and Trade Wars Next[4]
The Australian Dollar[5] braces for local inflation data, US GDP, an ECB rate decision and the threat of trade wars. Combining the risks creates for a rather bearish fundamental forecast.
Japanese Yen Forecast - USD/JPY Clings to Bullish Trend Ahead of U.S. 2Q GDP Report[6]
Fresh data prints coming out of the U.S. economy may curb the recent selloff in USD/JPY[7] as the growth rate is expected to expand 4.2% in the second-quarter of 2018.
Oil Forecast - Trump's Trade War Threats Combine with Saudi Supply to Weaken Bullish Argument[8]
Calendar spreads in the oil[9] market have softened lately with Brent showing the first front-month discount since September that hurts the broader bullish argument.
Chinese Yuan Forecast- Yuan Eyes on PBOC's Guidance; Stocks Outlook Remains Cautious[10]
China’s top policymaker seems to have shifted tone on the Yuan to more weakness; at the same time, Chinese equities
