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Weekly Trading Forecast: FX Traders Prepare for Heavy Volatility on FOMC, GDP and ECB Stimulus

This past week's calm optimism was likely an interlude for a bigger shift in market conditions. With a FOMC decision, US GDP, ECB Stress test and much more ahead; stability will be put to the test.

Dollar and Market Confidence Ride on FOMC Decision

The US Dollar managed to muscle out a modest advance this past week despite favorable winds for investor sentiment (through benchmarks like S&P 500 and volatility indexes) as well as a persistent dovishness in rate forecasts.

Gold Losses to Accelerate on Less Dovish FOMC- Support Break Eyes 1206

Gold prices are softer this week with the precious metal off by 0.55% to trade at $1231 ahead of the New York close on Friday.

AUD Faces A Potential “Breakout” On US Heavy Event Risk

The Aussie may remain under pressure over the coming week as elevated volatility caps carry demand, while US-centric event risk offers potential “breakout” catalysts.

FI: Gross Domestic Product (YoY): -0.800 %

Date (GMT)EventCons.ActualPreviousSep 16 06:00Gross Domestic Product (YoY)-0.800 %-0.300 %NewsFinland Gross Domestic Product (YoY): -0.8% (July) vs previous 0.1% (FXStreet) Tue, Sep 16 2014, 06:00 GMT

CN: FDI - Foreign Direct Investment (YTD) (YoY): -1.800 %

Date (GMT)EventCons.ActualPreviousSep 16 02:00FDI - Foreign Direct Investment (YTD) (YoY)-1.800 %-0.350 % NewsChina FDI - Foreign Direct Investment (YTD) (YoY) dipped from previous -0.35% to -1.8% in August (FXStreet) Tue, Sep 16 2014, 02:00 GMT

CO: Industrial ouput (YoY): 1.600

Date (GMT)EventCons.ActualPreviousSep 15 22:00Industrial ouput (YoY)1.600 -0.600 NewsColombia Industrial ouput (YoY) up to 1.6 in July from previous -0.6 (FXStreet) Mon, Sep 15 2014, 21:59 GMT

US: 3-Month Bill Auction: 0.015 %

Date (GMT)EventCons.ActualPreviousSep 15 15:303-Month Bill Auction0.015 %0.020 % NewsUnited States 3-Month Bill Auction down to 0.015% from previous 0.02% (FXStreet) Mon, Sep 15 2014, 15:40 GMT

A New Plugin Entitled Proglyph was Announced Today from Pixel Film...

Final Cut Pro X Developers have released and new plugin entitled Proglyph from Pixel Film Studios.(PRWeb October 25, 2014)Read the full story at http://www.prweb.com/releases/final-cut-pro-x-plugin/2014-10/prweb12259714.htm

Innovative Software Solutions , Inc. AKORE Fuel Tax Software develops...

Providing fully automated bridge between CTRM standard and powerful Fuel Tax Compliance solution.(PRWeb October 25, 2014)Read the full story at http://www.prweb.com/releases/2014/10/prweb12274149.htm

A New Older Women Dating Platform Created for Women to Find Love &...

The website YoungerMenDatingOlderWomen.com has emerged a new platform for older women to find love and companionship. The website promotes cougar dating where older women can date younger men to...(PRWeb October 25, 2014)Read the full story at http://www.prweb.com/releases/2014/10/prweb12275027.htm

RWC Attends the NAHB Annual Showcase24

RWC heads to Washington D.C., October 27-28, 2014, for the NAHB annual Showcase24, a national event for the entire systems-built industry.(PRWeb October 25, 2014)Read the full story at http://www.prweb.com/releases/2014/10/prweb12276471.htm

EMEX Market Guidance maintains overall bullish Energy Price Outlook...

Despite a record injection season, EMEX maintains an overall mildly bullish outlook on natural gas and electricity...(PRWeb October 24, 2014)Read the full story at http://www.prweb.com/releases/2014/10/prweb12273537.htm

Safeguard Scientifics Announces Third Quarter 2014 Financial Results

Conference call and webcast today at 9:00 a.m. EDT(PRWeb October 24, 2014)Read the full story at http://www.prweb.com/releases/2014/10/prweb12274649.htm

Gregory S. Smith Named One of Washingtonian Magazine’s Top Money...

Reston, Va.-based adviser named to list of best in the Washington area(PRWeb October 24, 2014)Read the full story at http://www.prweb.com/releases/2014/10/prweb12266268.htm

FurtherEd Announces its NASBA QAS Approval as a Continuing...

NASBA recognizes FurtherEd as having the highest quality of self-study CPE credits.(PRWeb October 24, 2014)Read the full story at http://www.prweb.com/releases/furthered-announces-/nasba-qas-approval/prweb12273088.htm