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Forex Trading Weekly Forecast - 09.08.08

Saturday, 06 September 2008 02:59:17 GMT

Written by John Kicklighter, Terri Belkas, David Rodriguez, John Rivera, Ilya Spivak and David Song, Currency Analysts

Dollar depends on fate of Fannie Mae, Freddie Mac this week, Euro reversal depends on ‘relative’ outlook for rates and growth, British Pound could recover on unwind of record short positions, Japanese Yen to take guidance from bailout rumors, carry plunge, Swiss Franc direction split between GDP, ECB Decision and carry, Canadian Dollar may fall on global growth concerns, Australian Dollar under pressure as yield spreads shrink, New Zealand Dollar selling to retain momentum as RBNZ to cut again.


$           Dollar Depends On Fate of Fannie Mae, Freddie Mac This Week
           Euro Reversal Depends On ‘Relative’ Outlook For Rates And Growth
₤           British Pound Could Recover on Unwind of Record Short Positions
¥           Japanese Yen To Take Guidance From Bailout Rumors, Carry Plunge

₣           Swiss Franc Direction Split Between GDP, ECB Decision And Carry
C$         Canadian Dollar May Fall On Global Growth Concerns
AU$      Australian Dollar Under Pressure as Yield Spreads Shrink
NZ$      New Zealand Dollar Selling to Retain Momentum as RBNZ Cuts Again

2008.9.05. pic1




What do you think about our new fundamental forecast article? Send your comments or questions to jkicklighter@dailyfx.com.

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