Menu

Monthly archive January, 2015

USD/JPY Risks Larger Correction on Less-Dovish BoJ, Risk Aversion

USD/JPY Risks Larger Correction on Less-Dovish BoJ, Risk Aversion
Fundamental Forecast for Japanese Yen: Neutral Nikkei (JPN225) Wedging Towards A Big Move Price & Time: USD/JPY Topping Out Or Just Consolidating? For Real-Time SSI Updates and Potential Read More →

AUD/USD Holds Monthly Low Ahead of RBA- Gold Tests Former Support

Talking Points: - AUD/USD Holds Monthly Low Ahead of RBA Interest Rate Decision. - Gold Fails to Retain Bullish RSI Momentum- Former Support in Focus. - USDOLLAR Topside Targets Still Favored Despite Weaker-Than-Expected 4Q GDP. For more updates, sign up for David's e-mail distribution Read More →

Month-end Rebalancing Leaves USD Especially Vulnerable to Q4 GDP

Talking Points: - Last trading day of the month means position squaring. - AUDUSD, NZDUSD starting to carve out trend vs daily 8-EMAs. - See the DailyFX Economic Calendar for Friday, January 30, 2015. With futures speculative US Dollar long positioning coming off of Read More →

US Dollar May Fall as Yen Gains on Disappointing US GDP Data

Talking Points: Soft 4Q US GDP Data May Punish US Dollar, Drive Japanese Yen Gains Euro Unlikely to Find Potent Catalyst in Soft Eurozone Inflation Figures See Economic News Directly on Your Charts with the DailyFX News App January’s flash Eurozone CPI data headlines Read More →

EUR/USD to Face Larger Rebound on Dismal 4Q U.S. GDP

- U.S. Economy to Expand for Third Straight Quarter in 2014. - Personal Consumption to Grow 4.0%- Would Mark Biggest Advance Since 4Q 2010. Trading the News: U.S. Gross Domestic Product (GDP) The advance U.S. 4Q Gross Domestic Product (GDP) report may generate Read More →

Dollar a Carry Candidate or Safe Haven in GDP Response?

Talking Points: Dollar a Carry Candidate or Safe Haven in GDP Response? Euro to Measure Severity in Deflation, Traders Still Watching Greek Headlines Australian Dollar: Is the RBA Ready for a Rate Hike Next Week? Dollar a Carry Candidate or Safe Haven in GDP Read More →