Financial markets reacted to shifting Fed and BOC policy prospects in explosive fashion last week. It is now up to the ECB and the BOJ to stoke further volatility.

US Dollar Forecast: Dollar Drives to Ten-Month Lows as U.S. Data Continues to Disappoint

The Fed remains hawkish, but markets seem to care little: As U.S. data continues to print below expectations, the Greenback furthers the 2017 fall that’s driven prices to fresh ten-month lows.

British Pound Forecast: All Eyes on the Inflation Data

Traders in the British Pound will be focused on Tuesday’s UK inflation data for June in the week ahead.

Japanese Yen Forecast: Yen Plunge May Resume as the Bank of Japan Asserts Dovish Stance

The Japanese Yen may fall further after a brief pause last week as the Bank of Japan firmly asserts its dovish stance and threatens markets with the prospect of greater easing.

Australian Dollar Forecast: More Gains May Be Too Much to Ask

The Australian Dollar enjoyed something of a banner week last week thanks to a variety of supportive factors. However, it can’t rely on a rerun even if it doesn’t fall far.

Canadian Dollar Forecast: USD/CAD Post-BoC Weakness to Persist as Bearish Momentum Gathers Pace

The material shift in USD/CAD behavior may continue to unfold over the near-term as the Bank of Canada (BoC) alters the outlook for monetary policy.

Chinese Yuan Forecast: Yuan Looks to China’s Q2 GDP, US-China Economic Talks

Event risks will be top drivers for the Yuan rate in the coming week. China’s growth in the second quarter as well as US-China bilateral negotiations could largely impact the outlook of the economy.

Gold Forecast: Gold Prices Rebound From Key Support As Yellen Softens Rate Expectations

Prices rebounded off key support this week with the rally now eyeing initial resistance targets. Here are the updated targets & invalidation levels that matter next week.