Weekly Trading Forecast: Financial Markets Shudder after US-Turkey Tensions Deteriorate

View our economic calendar to see the events that might influence each currency this week.

British Pound Forecast: GBP: UK Inflation and Wages Data to Help Sterling Consolidate

The latest look at UK employment, wages and inflation data is likely to underpin Sterling at its current multi-month lows. However, the fate of GBPUSD may still lie in the hands of a rampant US dollar.

Australian Dollar Forecast: Australian Dollar Faces Plenty of Negatives, But Range Looks Firm

The Australian Dollar remains under considerable fundamental pressure but it may not be enough to blow away a persistent trading band.

Japanese Yen Forecast: USD/JPY Weakness to Persist Bearish Formations Take Shape

USD/JPY stands at risk, extending the decline from earlier this month as the exchange rate carves a series of lower highs and lows.

New Zealand Dollar Forecast: NZD/USD Drop May Gain on Brexit, Turkish Financial Exposure Fears

The sentiment-linked New Zealand Dollar could fall on Brexit fears and Turkish financial exposure concerns. NZD/USD declines can also amplify if the US Dollar acts as a safe haven.

Chinese Yuan Forecast: Yuan May Consolidate on PBOC’s Intervention, Petro-Yuan Arbitrage Emerges

China’s Central Bank indicates that it could calm the Yuan further; at the same time, the Petro-Yuan price jumped and arbitrage opportunities have increased.

Equity Forecast: Equity Forecast for Dow, S&P 500, DAX and FTSE for Next Week

Global stocks showed pull backs to varying degrees this week as the economic situation around Turkey sparked fears of contagion in Europe.

Gold Forecast: Gold Prices in Tug-Of-War Between USD Strength and Safe-Haven Demand

Gold is lower for the fifth consecutive week but prices continue to hold just above key support. These are the updated targets & invalidation levels that matter next week.

Crude Oil Forecast: Crude Oil Price Drops for Sixth Straight Week, Most in 3 Years

The IEA walked back fears of a potential shortage as new supply comes online only to be overcome by concern that Trade Wars could limit economic activity and demand for energy.

Weekly Trading Forecast: Financial Markets Shudder after US-Turkey Tensions Deteriorate

View our Third Quarter Forecast for currencies, commodities, and equities to give a broader view of trends and sentiment influencing different assets.

Source: dailyfx.com