Long term forecasts reports from selected analysts around the world on forex market. Available in ActionForex.com http://www.actionforex.com Sat, 17 May 2008 00:38:26 +0100 FeedCreator 1.7.2 http://www.actionforex.com/images/M_images/aflogo.jpg http://www.actionforex.com Long term forecasts reports from selected analysts around the world on forex market. Available in ActionForex.com http://www.actionforex.com/long-term/long-term-forecasts/why-the-euro-could-continue-to-fall-2008051445991/ The Euro has reached unprecedented highs against the US Dollar in recent weeks. On April 22nd, the pair set an all-time high at 1.6018. The very next day, the 28-month rally that had taken the pair to such dizzying heights seemed over. The next two weeks would see the pair... Wed, 14 May 2008 22:32:03 +0100 http://www.actionforex.com/long-term/long-term-forecasts/long-term-view-of-the-eurusd-2008050745171/ For some time now, the USD is looking like a bargain for many reasons: First and foremost, because everybody hates it. Second, because it is still, and for a long time to come, the strategic reserve currency of the world by which every known commodity is quoted by. Wed, 07 May 2008 09:58:14 +0100 http://www.actionforex.com/long-term/long-term-forecasts/fx-forecast-update%3a-struggling-between-greed-and-fear-2008050544830/ Conventional wisdom now seems to suggest that the magnitude of policy initiatives aimed at solving the financial crisis during the past eight months is enough to warrant a return to risky assets. Many single out the Bear Sterns rescue package and the subsequent opening of the Fed's discount window to... Mon, 05 May 2008 03:35:34 +0100 http://www.actionforex.com/long-term/long-term-forecasts/is-the-credit-crunch-pushing-the-u.s.-federal-reserve-to-its-limit?-2008042544027/ Since the onset of the global credit crunch in August 2007, the U.S. Federal Reserve has resorted to a slew of innovative (and sometimes unconventional) approaches to dealing with the ongoing disruptions in the U.S. financial sector. In fact, when the money markets seized up unexpectedly in the summer of... Fri, 25 Apr 2008 12:29:50 +0100 http://www.actionforex.com/long-term/long-term-forecasts/long-term-outlook-%11-u.s.-dollar-vs-japanese-yen-2008042543937/ The last update for this currency pair was in September last year, just following the weekly cycle low. At that time I was not 100% happy with the wave count and noted that the Dollar is in a decline into the 3rd/4th quarter 2009. Fri, 25 Apr 2008 01:47:54 +0100 http://www.actionforex.com/long-term/long-term-forecasts/long-term-analysis-for-eurusd-2008041843183/ Indeed, when considering the picture here against the Euro I really need to reference the situation in the other currencies which do seem to have reached strategic Dollar lows already. Certainly the Pound is in the midst of a sideways correction within a larger move lower that should last into... Fri, 18 Apr 2008 01:09:20 +0100 http://www.actionforex.com/long-term/long-term-forecasts/economic-and-financial-outlook,-q2-08-2008041743135/ The global picture is dominated by the significant slowdown of the US economy and the financial crisis. A continued rise in oil and food prices is adding to the economic woes globally, although commodity exporters are benefitting. The US is set to experience a significant slowdown in the first half... Thu, 17 Apr 2008 11:24:38 +0100 http://www.actionforex.com/long-term/long-term-forecasts/us-dollar-and-euro-q2-outlook%3a-is-the-dollar-headed-for-a-new-low-in-q2-2008041542847/ Dollar weakness hit a new extreme in the first quarter of 2008 as the greenback fell within an arm's reach of 1.60 against the Euro and 95 against the Japanese Yen. Interest rate cuts by the Federal Reserve have turned the US dollar into the second lowest yielding currency in... Tue, 15 Apr 2008 14:52:48 +0100 http://www.actionforex.com/long-term/long-term-forecasts/japanese-yen-q2-outlook%3a-will-risk-aversion-help-the-japanese-yen?-2008041542846/ In the first quarter of 2008, the Japanese yen rocketed higher against the greenback to hit nearly 13-year highs. In doing so, the USD/JPY pair dropped below the psychologically critical 100 barrier to a low of 95.71 without even a hint of FX intervention by the Bank of Japan. Yen... Tue, 15 Apr 2008 14:50:01 +0100 http://www.actionforex.com/long-term/long-term-forecasts/british-pound-q2-outlook%3a-is-the-uk-following-in-the-us%27-footsteps?-2008041542845/ An extended downturn in the British pound in the first quarter of 2008 has been a reflection of the deteriorating fundamentals underlying the struggling currency. Although the sterling plunged to new lows against most of the other majors, the move was far more tempered than the sharp decline that we... Tue, 15 Apr 2008 14:47:49 +0100 http://www.actionforex.com/long-term/long-term-forecasts/usdchf-q2-outlook%3a-risk-trends-and-trade-flows-push-the-franc-to-outperform-against-the-us-dollar-2008041542844/ The Swiss Franc outperformed all other G10 currencies against the US dollar in the first quarter of this year, gaining nearly the 15% on the troubled Greenback. By comparison, the Euro gained just over 9%. This remarkable rally was driven by a broad-based flight to quality away from risk and... Tue, 15 Apr 2008 14:45:29 +0100 http://www.actionforex.com/long-term/long-term-forecasts/canadian-dollar-q2-outlook%3a-the-canadian-dollar-is-giving-back-some-of-its-gains-2008041542842/ After five years of rapid appreciation, the Canadian dollar seems to be losing its charm. In the first quarter of 2008, despite the rise of crude oil to more than 110 U.S. dollars per barrel, the loonie depreciated dramatically against the world's most heavily traded currencies on evidence that the... Tue, 15 Apr 2008 14:41:56 +0100 http://www.actionforex.com/long-term/long-term-forecasts/australian-dollar-q2-outlook%3a-can-gold-prices-and-carry-trade-interest-keep-the-aussie-afloat?-2008041542841/ The Australian dollar was once again one of the top performing currencies in the first quarter of 2008, as high domestic interest rates and surging global commodity prices boosted demand for the currency. Indeed, the Aussie reversed previously sizeable declines - setting a significant base at $0.8511 before rallying nearly... Tue, 15 Apr 2008 14:39:19 +0100 http://www.actionforex.com/long-term/long-term-forecasts/new-zealand-dollar-q2-outlook%3a-will-record-interest-rates-derail-growth?-2008041542840/ The New Zealand Dollar started the year strong rallying for nearly 800 points in unison with global equity markets, but the price action stalled at the 0.8200 level, as risk aversion and fears of a global economic slowdown put a lid on any further progress. Record commodity prices and aggressive... Tue, 15 Apr 2008 14:36:50 +0100 http://www.actionforex.com/long-term/long-term-forecasts/musings-on-the-u.s.-recession-2008041142034/ With the U.S. continuing to show signs of edging closer to a recession, there have been numerous questions and countless speculation as to how bad things might get. We believe our current forecast for the U.S. economy draws a proper balance between both upside and downside risks. As our forecasts... Fri, 11 Apr 2008 16:31:34 +0100 http://www.actionforex.com/long-term/long-term-forecasts/the-fx-market%11-by-leaps-and-bonds-2008041142033/ The first quarter of the year in the FX market was characterised by an all-pervading high volatility. None of the established currencies escaped. With no exception, they were forced to give in to massive price swings. The financial turmoil from last year continues unabated in the new year. Risk appetite... Fri, 11 Apr 2008 16:17:20 +0100 http://www.actionforex.com/long-term/long-term-forecasts/using-currencies-to-time-equity-moves-2008040139758/ Many traders and analysts have taken advantage of the growing correlation between asset classes to forecast movements in one market by analyzing the changes in another. However, while using the changes in equities to forecast price action in risk-sensitive currency pairs has grown in popularity, the reverse (using FX moves... Tue, 01 Apr 2008 13:00:04 +0100 http://www.actionforex.com/long-term/long-term-forecasts/fx-forecast-update%3a-fat-lady-has-yet-to-sing-2008040139725/ Ain't over till the fat lady sings. Back in November we proposed a scenario outlining a disorderly decline in the dollar, setting targets for EUR/USD and USD/JPY at 1.55 and 100, respectively. Both targets have been surpassed during the past months. However, it seems unjust to label the dollar decline... Tue, 01 Apr 2008 05:08:41 +0100 http://www.actionforex.com/long-term/long-term-forecasts/carry-trade-survival-kit-2008032839576/ The foreign exchange carry trade, which involves buying high yielding currencies against low yielding currencies, has a successful track record that goes back more than 25 years. However, the recent shift in the world's financial market towards risk aversion is not only threatening the survival of many carry traders but... Fri, 28 Mar 2008 23:19:37 +0100 http://www.actionforex.com/long-term/long-term-forecasts/top-5-most-market-moving-indicators-for-the-us-dollar-2008031939079/ When it comes to the currency market, most traders will use either technical or fundamental analysis or a combination of both to formulate their strategy, however, even for the casual currency trader, news or event risk can have a dramatic influence on the long and short-term price action of a... Wed, 19 Mar 2008 10:17:56 +0100