Sunday, September 6, 2009

US Dollar May Finally See Break from Summer Ranges as Liquidity Returns


(Forex Weekly Trading Forecast - 09.07.09)

US Dollar: Will a Recovery in Liquidity Usher in a Breakout?
Euro Forecast to Range Trade Against US Dollar on S&P Choppiness
Japanese Yen Range Bound, but Rising Liquidity Could Force Breaks
British Pound May Find Relief from Dire Growth Outlook Through Risk
Swiss Franc Continues To Be Driven By Technical Levels
Canadian Dollar Volatility Ahead on Rate Decision, Risk Trends
Australian Dollar Poised to Test Yearly High on Rate Expectations
New Zealand Dollar Strength May Be its Own Undoing
Full Article

The US dollar, British pound, and commodity dollars face potential for major moves and significant breakouts from summer ranges next week due to the combination of the post-holiday return of liquidity, rate decisions from the Reserve Bank of New Zealand, Bank of England, and Bank of Canada, along with Australian employment and US consumer confidence reports.
Full Articl poted by ali

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