Forex predictions for 2018

Long-term forecasts are not easy to make. Yet, we will try to predict some trends for 2018.

  1. The global economy is doing fine, so major central banks will continue raising interest rates. Jerome Powell will succeed Janet Yellen as the head of the US central bank. He is expected to continue the same monetary policy we saw in 2017.
  2. Despite the optimism of 2017, it’s necessary to acknowledge risks to market stability. They are related to financial bubbles and overheating. Higher inflation and excessive debt may contribute to that. As a result, a trader has to be cautious and always use risk management tools. It will be difficult for the US stock market to show the same growth as in 2017.
  3. Political risks will also be present: keep an eye on Italian elections, Brexit and ongoing tensions on the Korean peninsula. Trading will likely become more volatile than it was in 2017.
  4. The euro can continue appreciating. Options market prices in 67% probability that EUR/USD will rise to 1.23 by the end of 2018.
  5. Bitcoin will remain a major newsmaker. It still has an immense potential, though be ready to big swings in its price: despite the general uptrend, it can still lose several thousand dollars of value in a matter of hours. Besides Bitcoin, there are other hot cryptocurrencies that may be very big gainers in 2018, in particular, LiteCoin, Ripple and Bitcoin Cash.

Our main recommendation for the long-run is this: don’t keep all of your funds in one place. Allocate some of your assets to stocks and bonds, have some gold, try cryptocurrencies and, of course, use the various opportunities of Forex trading!

Similar

Jackson Hole, Gold, and Powell | Market News
Jackson Hole, Gold, and Powell | Market News

The gold has made a perfect retest, but will it hold against the rising dollar? Also, the Jackson Hole Symposium and Jerome Powell's speech may become critical for most assets, and finally, more economic releases and earnings reports await you.

Latest news

FOMC Meeting, Gold Plunge, and Pound Decrease | Market News
FOMC Meeting, Gold Plunge, and Pound Decrease | Market News

Although the last week was intense, this one may be more dynamic and volatile. After the FOMC meeting and controversial decisions from the Bank of England, we saw a historical pound decrease, and the gold plunge. And there’s even more for you.

Deposit with your local payment systems

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera