Central Banks Losing Influence Drives Dollar, Euro and Yen

Central Banks Losing Influence Drives Dollar, Euro and Yen

Chief Strategist John Kicklighter discusses the top Forex fundamental themes for the coming week of trading. In stark contrast to this past week’s dense economic docket, the path ahead is rather light for fundamental sparks. That leaves exceptionally strong FX moves open to drift and dangerous degrees of speculation. In the past week, the Dollar has plunged, USDJPY posted its biggest tumble in weeks andEURUSD has been driven above 1.15. These seem to contradict the prevailing expectations and traditional interpretation as monetary policy as a clear fundamental driver. The influence of extreme easing and emerging tightening policies has seen a progressive loss of influence, and out of this considerable confusion has arisen. We discuss in this recording these important big picture themes along with the scheduled event risk scheduled in the week ahead to better prepare traders for the fundamental side of the market.

By: This Forex Analysis is published by DailyForex.com, Written By John Kicklighter