# Forex Major Currencies Outlook (Sep 22, 2017) Source: https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-sep-22-2017/ Language: en Updated: 2017-09-22 Description: Explore Forex Major Currencies Outlook (Sep 22, 2017). USD The US. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. **USD** The US dollar enjoyed a strong rally against its peers as economic reports turned out stronger than expected and underscored the Fed’s tightening bias. Initial jobless claims fell from 282K to 259K versus the projected 302K figure while the Philly Fed index rose from 18.9 to 23.8. US flash manufacturing and services PMI are due next. **EUR** The euro was able to regain ground as European equities closed in the green as Draghi sounded more upbeat about the fiscal recovery in the region. In his testimony, he mentioned that the financial system poses a lower risk to the economy. Euro zone PMI readings are due next and strong figures from Germany and France could allow the shared currency to keep climbing. **GBP** The pound broke higher to most of its counterparts on anticipation for PM May’s speech as she reportedly might offer 20 billion EUR in a transitional deal with the EU in hopes of speeding up negotiations. It also could convince the bloc to concede to maintaining access to the single market and other conditions that could favor the UK. **CHF** The franc regained some ground as risk appetite took a hit after the Fed decision. The Swiss trade balance, however, turned out weaker than expected at 2.17 billion CHF versus the projected 2.41 billion CHF reading. There are no reports due from the Swiss economy today so the franc could be more sensitive to market sentiment. **JPY** The yen edged slightly lower after the BOJ decision as the central bank maintained interest rates at current levels and kept the pace of JGB purchases unchanged. The central bank also kept a slight easing bias as hinted by Governor Kuroda during the presser. There are no reports due from Japan today so risk sentiment could be the main driver for the yen pairs. **Commodity Currencies (AUD, NZD, CAD)** The comdolls took huge hits in previous trading sessions as the impact of Fed tightening dawned on commodities. Canadian wholesale sales posted a stronger than expected 1.5% gain versus the estimated 0.7% drop, sending positive vibes ahead of the retail sales and CPI releases today. Analysts are expecting to see a 0.2% increase in headline retail sales and a 0.4% uptick for the core figure. New Zealand will be having its parliamentary elections next. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-sep-22-2017/#primary", "url": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-sep-22-2017/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-sep-22-2017/", "headline": "Forex Major Currencies Outlook (Sep 22, 2017)", "inLanguage": "en", "datePublished": "2017-09-22T06:15:18+00:00", "dateModified": "2017-09-22T06:15:18+00:00", "articleSection": "Market Info", "description": "Explore Forex Major Currencies Outlook (Sep 22, 2017). USD The US. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding.", "image": { "@type": "ImageObject", "url": "https://www.tradersway.com/wp-content/themes/tradersway/images/og-default.png" }, "author": { "@type": "Organization", "@id": "https://www.tradersway.com/#organization" }, "publisher": { "@id": "https://www.tradersway.com/#organization" } }, { "@type": [ "Organization", "FinancialService" ], "@id": "https://www.tradersway.com/#organization", "name": "Trader's Way", "alternateName": "TradersWay", "legalName": "TW Corp LLC", "description": "Trader's Way is the trading brand of TW Corp LLC, a company registered in Anguilla under number A000001731. It provides online leveraged trading in forex, metals, energies, stock indices and cryptocurrencies through MetaTrader 4, MetaTrader 5 and cTrader, with Market execution, a 40% stop out level and a minimum initial deposit of 10 USD. The company holds no financial services licence and does not direct its services to residents of the United States or the United Kingdom.", "url": "https://www.tradersway.com", "foundingDate": "2011", "logo": { "@type": "ImageObject", "url": "https://www.tradersway.com/wp-content/themes/tradersway/images/logo-square-512.png" }, "address": { "@type": "PostalAddress", "streetAddress": "No. 9 Cassius Webster Building, Grace Complex", "postOfficeBoxNumber": "1330", "addressLocality": "The Valley", "postalCode": "AI-2640", "addressCountry": "AI" }, "contactPoint": { "@type": "ContactPoint", "contactType": "customer support", "email": "support@tradersway.com" }, "areaServed": "Worldwide, excluding the United States and the United Kingdom", "knowsAbout": [ "Foreign exchange trading", "Contracts for difference", "Leveraged trading", "Precious metals trading", "Energy commodities trading", "Stock index trading", "Cryptocurrency trading", "MetaTrader 4", "MetaTrader 5", "cTrader" ], "sameAs": [ "https://www.trustpilot.com/review/www.tradersway.com", "https://www.forexpeacearmy.com/forex-reviews/8129/tradersway-forex-brokers", "https://www.youtube.com/channel/UChRC072YJGlNNNYhg_0hZeA", "https://www.facebook.com/tradersway.forex.broker", "https://twitter.com/TradersWay", "https://www.instagram.com/traderswayforex/", "https://t.me/tw_eng" ], "identifier": { "@type": "PropertyValue", "propertyID": "Anguilla company registration number", "value": "A000001731" }, "location": { "@type": "Place", "address": { "@type": "PostalAddress", "streetAddress": "Radnicka 147", "addressLocality": "Valjevo", "postalCode": "14000", "addressCountry": "RS" } } }, { "@type": "WebSite", "@id": "https://www.tradersway.com/#website", "url": "https://www.tradersway.com", "name": "Trader's Way", "publisher": { "@id": "https://www.tradersway.com/#organization" } }, { "@type": "BreadcrumbList", "@id": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-sep-22-2017/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://www.tradersway.com/" }, { "@type": "ListItem", "position": 2, "name": "Resources", "item": "https://www.tradersway.com/resources/" }, { "@type": "ListItem", "position": 3, "name": "Market Info", "item": "https://www.tradersway.com/resources/market-info/" }, { "@type": "ListItem", "position": 4, "name": "Forex Major Currencies Outlook (Sep 22, 2017)", "item": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-sep-22-2017/" } ] } ] } ``` ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Person", "@id": "https://www.tradersway.com/#wayne-mcdonell", "name": "Wayne McDonell", "jobTitle": "Chief FX Strategist", "description": "Chief FX Strategist at Trader's Way, trading forex publicly since 2004. His analysis has appeared in the Wall Street Journal, Bloomberg Television, Fox Business, Futures Magazine and FOREX Journal Magazine. Author of \"Strategic and Tactical Forex Trading\".", "worksFor": { "@id": "https://www.tradersway.com/#organization" }, "knowsAbout": [ "Foreign exchange market", "Technical analysis", "Fundamental analysis", "Forex trading strategy" ], "sameAs": [ "https://www.youtube.com/c/tradersway" ] }, { "@id": "https://www.tradersway.com/#organization", "employee": { "@id": "https://www.tradersway.com/#wayne-mcdonell" } } ] } ```