Sunday, May 16, 2010

Forex Weekly Trading Forecast - 05.17.10

US Dollar Climb Growing Increasingly Speculative on Risk Aversion
Euro Positioning Reaches Record Bearish Extremes – Volatility Likely
Japanese Yen Strength Favored with Prevailing Growth Concerns
British Pound to Follow Risk Trends as EU Strife Continues
Canadian Dollar: Higher Inflation to Support Speculation For Rate Hike
Australian Dollar Losses May Continue Following RBA Minutes
New Zealand Dollar Risks to Downside as S&P 500 VIX Near Highs
Gold Traders May Have to Rethink the Sovereign Risk Appeal

Read more: DailyFX - Currency Trading News, Forex Trading News, FX News, Forex News http://www.dailyfx.com/#ixzz0o4sem1rn

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