Monthly archive April, 2014

Talking Points: Greenback index falls to a 9-day low after weak GDP release Euro takes gains against USD despite inflation miss A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Dollar 15-Minute 12:00 04/28 Read More →

Talking Points: - USDOLLAR Hit by Dismal 1Q GDP; All Eyes on FOMC - EUR/USD Threatens Bearish Momentum; Higher High on Tap? - GBP/CAD Eyes 1.8640 Resistance as Pair Carves Higher Low in April The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is under Read More →

- Federal Open Market Committee (FOMC) to Reduce QE by Another $10B. - FOMC Meeting Minutes Due Out on May 21. Trading the News: Federal Open Market Committee Meeting Another $10B reduction in the Federal Open Market Committee’s (FOMC) asset-purchase program may have Read More →

Talking Points: - EURUSD remains poised to funnel into triangle vertex by next week. - USDJPY’s lack of enthusiasm for US equity rally can be attributed to lack of yield momentum. - US yields have been ranging; 10YY between 2.58% and 2.82%. FX markets Read More →

Talking Points Gold and silver at a critical juncture ahead of the April FOMC rate decision WTI vulnerable to further declines as inventories data reflects worrying trends Copper faces further weakness on concerns over Chinese growth deceleration The commodities space is witnessing a sea Read More →

- U.S. Gross Domestic Product to Slow to 1.2%- Lowest Reading Since 1Q 2013. - Personal Consumption to Grow 1.9% Compared to 3.3% in 4Q 2013. Trading the News: Read More →