Forex Market 2009 – Forecasts

Posted on January 4, 2009 by Yohay
Filed Under Forex Opinions | 3 Comments

I’ve read a few very interesting forecasts for the Forex Market in 2009, and I’d like to point out a few:

Kathy Lien writes about the bad situation of the British pound in 2008 and sees mostly bad news in 2009. Though, at the end of her post, she does offer that there’s a chance of recovery.

Regarding the Euro, Lien is also somewhat “pro-dollar”. She notes the risk of two major elections in Europe in 2009, a good chance of interest rate cuts, and a prolonged recession. Read her interesting post here.

The Forex Blog offers very decisive forecasts: He’s especially deterministic about the pound: he’s sees the GBP/USD at parity! Regarding the Yen, he forecasts a gain by the Yen up to USD/JPY at 80 at the beginning of the year. Read his forecast here.

In the Market Skeptics blog, Eric deCarbonnel gives a sharp and well researched post about the US dollar’s weaknesses. It is a must a must read for Forex traders.

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Comments

3 Responses to “Forex Market 2009 – Forecasts”

  1. D Fapturbo on January 9th, 2009 7:58 pm

    With the dollar looking bad I find it interesting that compared to other countries the forecast doesn’t seem to be as bad as I imagine.

  2. admin on January 9th, 2009 9:05 pm

    I think it’s because the US will be the first to get out of recession, as it was the first to enter into recession.

  3. Forex Trading - Profitable on January 21st, 2009 12:48 pm

    [...] will happen in 2009? Everyone is looking for signals in Forex.  Well, here’s a a list of Forex forecasts for 2009. Most forecasts distinguish between the first half of 2009, and the second half, in which some kind [...]

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