Monthly archive February, 2014

Talking Points: - USDOLLAR Pares Decline as Faster 4Q Inflation Undermines Dovish Fed Policy - Euro Needs Close Above 1.3800 for Bullish View; ECB Meeting in Focus Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10560.25 10583.77 10546.29 -0.19 105.57% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Lower Read More →

Talking Points: - EURUSD clears important 1.3770 hurdle. - EURJPY must close above 141.45 for bulls to reengage the trend. - US economic data on Friday unlikely to dislocate unless significant divergence. To keep up with developments central banks and their policy changes, be Read More →

Talking Points: NZ Dollar Soars on Business Confidence Print, Yen Gains as Stocks Drop Euro May Decline if Regional CPI Release Follows Germany’s Example US Dollar May Find Strength in Home Sales, Consumer Confidence Data The New Zealand Dollar surged after a firm set Read More →

- Canada GDP to Slow for Second Time in 2013 - Growth Rate Expected to Exceeded 2% for Third Time in 2013 Trading the News: Canada Gross Domestic Product (GDP) A slowdown in Canada’s Gross Domestic Product (GDP) may heighten the bearish sentiment Read More →

Talking Points: Dollar Dribbles Lower, Docket to Light the Fires Next Week Euro Takes in Key Data Ahead of Next Week’s ECB Decision Yen Crosses Clear Support but Fail for Trend Dollar Dribbles Lower, Docket to Light the Fires Next Week The Dollar technically put Read More →

Talking Points Copper falls further in Asian trading with support at 3.175 Precious metals recover lost ground as greenback drops China official PMI and US GDP figures to offer cues Crude oil weakened in US trading overnight as the commodity looks set to post Read More →