THE DIGEST - Fundamental Forecast 2014, October 26 - November 02 for US Dollar, USDJPY, NZDUSD, AUDUSD and GOLD

US Dollar Fundamentals - Dollar and Market Confidence Ride on FOMC Decision

• In a deluge of event risk this week, the FOMC rate decision stands as a focal point for the Dollar and market sentiment
• A status quo or slightly hawkish lean from the Fed risks reviving the fallout of the ‘Taper Tantrum’

Japanese Yen Fundamentals - USD/JPY to Eye Fresh Highs on Less-Dovish FOMC, More BOJ Easing

• The Weekly Volume Report: USD/JPY Rallies, Turnover Doesn’t
• Yen May See Greater Impact from Eurozone PMIs Than the Euro

NZDUSD Fundamentals - New Zealand Dollar at Risk on Dovish RBNZ, Status-Quo FOMC

• NZ Dollar Vulnerable if RBNZ Opts to Augment Future Rate Hike Pledge
• Status-Quo FOMC May Send Kiwi Lower as Fed Tightening Bets Rebuild

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

• AUD/USD Remains Range-Bound Despite Plenty Of Intraday Volatility
• Void of Major Domestic Data To Leave Steadfast RBA Policy Bets Intact

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

• WTI Bounces From 80.00 Floor, Gold Remains Vulnerable Ahead Of US Data
• Gold 1217 and 1207 are Possible Support Levels