Weekly FX Update – 21 September 2017 (Video)

Central banks are becoming increasingly dominant as we head into the final months of the year and geopolitical risk abates, albeit for now. This week it was the Federal Reserve that stole the limelight, while the ECB and Bank of England, among others also left their mark.

While the week ahead won’t be quite so action packed when it comes to central bank meetings and related events, the German election on Sunday and data releases throughout the week should ensure it’s anything but dull. And don’t forget, North Korean tensions continue to bubble under the surface and could come to the fore at any point.

In this week’s video, Senior Market Analyst Craig Erlam discusses all of this and the other weeks key events. He also gives his analysis on EURUSD (13:53), GBPUSD (15:26), EURGBP (17:30), AUDUSD (18:41), USDCAD (19:23), GBPCAD (21:16), NZDUSD (22:51), USDJPY (24:12), GBPJPY (25:25) and EURJPY (27:05).

EUR Higher Ahead of German Elections and Brexit Negotiations

U.S Dollar Hanging Tough For Now

Investors Remain Unconvinced By Fed Projections

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.