2008 Third Quarter Currency Market Forecasts

[B]EUR/USD [/B](Link to Fundamental and Technical Outlook)

  • Oil is Determining Fed Policy[B][/B]
    • Federal Reserve: A Third Quarter Rate Hike?
    • When Will the US Consumer Buckle?[B][/B]
    • Labor Market: String of Job Losses Set to Continue
    • The US Dollar At or Near a Bottom[B][/B]
    • Euro Bye Bye Boom
    • ECB Full Speed Ahead
    • Risk of Recession Ahead?[B][/B]
    • North – South Decoupling Continues[B][/B]
    • EURUSD to Remain Contained Within its Range[B][/B]

[I]Tell us Where You Think the EUR/USD is headed in 2008?[/I]

[B]USD/JPY [/B](Link to Fundamental and Technical Outlook)

  • Risk Appetite will Drive the Japanese Yen in the Second Half of 2008[B][/B]
    • What Can we Expect out of Risk Appetite and the Carry Trade?
    • Bank of Japan one of the few central banks not overly worried about inflation
    • EURJPY Could Continue to Rise on Hawkish European Central Bank Rate Outlook (To be revised post-ECB)
    • What to watch for in the Third Quarter for the Japanese Yen
      [I]
      Tell us Where You Think the USD/JPY is headed in 2008?[/I]

[B]GBP/USD [/B](Link to Fundamental and Technical Outlook)

  • The Bank of England Weighs the Risks
  • A Slowing Economy…[B][/B]
  • A Feeble Financial Sector…[B][/B]
  • Rocketing Price Pressures Have Pushed Inflation Well Above Target…
  • What Will The Bank of England Do?[B][/B]
  • A New High in EUR/GBP?[B][/B]
    [I]
    Tell us Where You Think the GBP/USD is headed in 2008?[/I]
    [B]USD/CAD [/B](Link to Fundamental and Technical Outlook)
  • Canadian Exports Will Continue to Suffer in 2008[B][/B]
    • BOC Rate Cuts End Abruptly, Policy Following the US Fed
    • Oil Will Cause USDCAD To Break Above The Current Range[B][/B]
    • Canadian Dollar Trend Depends upon Oil vs. Growth

[I]Tell us Where You Think the USD/CAD is headed in 2008?[/I]

[B]AUD/USD [/B](Link to Fundamental and Technical Outlook)

  • Rates of Return[B][/B]
    • Everything Depends On Risk
    • Growth May Be A More Influential Anchor
    • Australia Still Meeting A Global Demand
  • Further Gains in the Aussie Will be a Struggle

[B]NZD/USD [/B](Link to Fundamental and Technical Outlook)

  • New Zealand‘s Economy is on the Brink of Recession
    • The RBNZ Could Lower Interest Rates
    • New Zealand dollar is Expected to Depreciate Further in the Second Half of 2008

[B]
USD/CHF [/B](Link to Fundamental and Technical Outlook)

  • Will the Swiss Franc Stumble, If The SNB Falls Behind The Curve?
    • Which Way Will Risk Winds Blow?
    • Inflation Saps Consumer Spending Despite Strong Labor Market
    • Are Slowing Demand and Rising Costs Too Much For Swiss Manufacturers to Bear?
  • SNB Keeps Rates Unchanged As They See Inflation Transitory
    [B]- [/B]EURCHF Range Bound
  • SNB Holds to Key to the Swissie in Q3[B][/B]