Forex Forecast: Risk Trends for USD Tied to Central Bank Forecast
Talking Points:
• Risk trends have tempered this past week, but they have not been fully disarmed
• Following the mixed NFPs implications, Fed Chair Janet Yellen is set to testify this week
• BoE and ECB policy bearings will also be updated via forward guidance and GDP events respectively
Sign up for DailyFX-Plus to have access to John's Tuesday Q&A event, educational webinars, updated speculative positioning measures, trading signals and much more!
Chief Strategist John Kicklighter discusses the top Forex fundamental themes for the coming week of trading. These sessions are held live every Monday at 16:30 GMT. The intensity of fear has eased this past week, but the threat of a flare up and commitment to risk aversion remains dangerously high. As for fundamental sparks this week, sentiment and volatility will once again focus on monetary policy. On the back of last week's NFPs, Fed Chair Janet Yellen is set to testify to Congress, the BoE will reset rate expectation with its quarterly inflation report and Euro traders await 4Q Eurozone GDP figures.
Sign up for John’s email distribution list, here.
original source