Monthly archive October, 2015

Talking Points The Fed held its target range for the key rate between 0.00 and 0.25% as was heavily expected In the statement, the central bank kept open the possibility of a December rate hike The probability of a hike before year’s end Read More →

Talking Points EUR/JPY breaks below monthly open- short scalps target key support Updated targets & invalidation levels Event Risk on Tap This Week EURJPY Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURJPY breaks below monthly open / opening range- Bearish Targeting 61.8% retracement at 131.80 & Read More →

- Federal Open Market Committee (FOMC) Expected to Preserve Current Policy in October. - Will There Be Another 9-1 Split Within the Committee? Trading the News: Federal Open Market Committee (FOMC) Interest Rate Decision Based on Fed Funds Futures, market participants are pricing Read More →

Summary: FOMC is today at 2:00 PM, and there is little expectation for any actual news. Rather, the details are what matters here. Specifically, how closely the Fed wants to ‘monitor’ developments, and how many dissenters vote against keeping rates flat. The Read More →

Talking Points: Oil eyes lower moves with EIA report, following inventory build by API Gold tests resistance as Aussie inflation missed ahead of Fed meeting Copper weakens after miner shares dropped due to earning reports Copper carried on yesterday’s slide as shares of base Read More →

Talking Points: US Dollar and Market-Wide Sentiment at the Marcy of the Federal Reserve Australian Dollar Sinks as Soft CPI Data Fuels RBA Rate Cut Speculation See Economic Releases Directly on Your Charts with the DailyFX News App A quiet economic calendar in European Read More →