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FOREX OUTLOOK
Just thought I would open a thread for discussions about the future of the Forex markets..what effects it, what will effect it.. How do you think the Forex and markets are going to be this last week of 2005 and early into 2006... Will we be volitile or neutral and rangebound til next week?
We have a new Fed chairguy coming in...the USD seems to be leveling out and teetering to deflate from its hyped up "strength" this past year. Will the EUR/USD hit the 1.22 and higher? Will USD/JPY fall to 115 and thensome? I'm thinking a YES to both....the USD is going to be suffering soon based on the debts and current political probs.. And what about some of the X currnecies--like the AUD and CAN..how so you think those are being effected?
Feel free to post some discussions and opinions on what is effecting the Forex markets and will effect it in the future.. Remember--we all learn from each other...in our successes and mistakes and in our various views and opinions--we all learn and that benefits everyone. There is no Forex "god" or guru...folks are stronger working together discussing all options and views to be considered...
-w
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