Monthly archive November, 2015

Talking points The better than expected unemployment rate suggests that markets are too gloomy on the RBA, and I expect traders to unwind their bets on RBA rate cuts if the unemployment rate holds With the BoE and ECB turning more dovish Read More →

Talking Points: Oil falls on tepid China’s industrial profit data, amid constant pressure from supply glut Copper rallies as more reports emerged that China could buy up surplus and curb short-sales Gold traded flat on 6th week of loss as USD firmed up Read More →

Talking Points: -Forecasts May Be Getting Ahead Of Themselves, And Then Again, Maybe Not -FXCM’s Trading Book Shows Uncertainty Around The EUR -EURUSD Daily Chart Show's We Could Be Entering "Bounce Territory" “…Investors tend to oscillate wildly between the extremes. They apply optimism when Read More →

Talking Points: Currency Swings in Thin Holiday Trade Likely to Struggle for Follow-Through New Zealand Dollar Outperforms After Yields Rise, Demand Firms at Bond Sale Australian Dollar Falls After Capex Unexpectedly Drops Most on Record in 3Q The European data docket offers a lackluster Read More →

Talking Points: Oil holds gains as US rigs dropped to 6-year low, after inventories fell short of forecast Copper and metals surge in anticipation of China’s probe on short-selling Gold trades sideways with long-term downside bias after solid US data Gold price picked up Read More →

Talking Points AUDNZD breakout pulls-back into initial support pivot at 1.1010/20 Updated targets & invalidation levels Event Risk on Tap This Week AUDNZD Daily Chart Created Using FXCM Marketscope 2.0 Broader Technical Outlook We’ve been tracking this trade for some time now on SB Trade Desk with Read More →