While equities and other risk assets attempted to stabilize from October’s speculative tumble, the FX world experienced a jolt of volatility this past week. With systemic themes like risks trends and trade wars already agitated, anticipation for the US mid-term elections and a run of rate decisions will keep traders tuned in and anxious.
New Zealand Dollar Forecast - RBNZ May Sink NZD Prices as 2018 US Midterms Offer it Uncertainty[1]
The New Zealand Dollar may be at risk if the RBNZ leaves the door open to rate cuts again while the 2018 US midterms carry levels of uncertainty for stocks, sentiment and NZD[2] prices.
Australian Dollar Forecast – Australian Dollar Shows Some Rare Resilience, May Hold Up[3]
There are still few fundamental reasons to like the Australian Dollar[4] more than its US cousin. However the market is now very short and may decide the Aussie has suffered plenty.
Oil Forecast – Crude Oil Sell Off Puts Former Best Asset Within Whisper of Bear Market[5]
Less than a month ago, Crude oil[6] was moving toward four-year highs that it hit on October 3. Now, WTI Crude is traversing at a six-month low toward a bear-market as the scary chart shared last week appears fateful.
Canadian Dollar Forecast – USD/CAD Rate Carves Lower Highs & Lows Ahead of Fed Meeting[7]
Price action ahead of the Federal Reserve meeting raises the risk for a larger pullback in USD/CAD[8] as the exchange rate carves a fresh series of lower highs & lows.
British Pound Forecast – Sterling's Rally May Have More Room, All Things
