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Monthly archive November, 2015

USD/JPY Continues to Coil Ahead of Japan CPI, Month-End Flows

Talking Points: - USD/JPY Range in Focus Ahead of Japan Consumer Price Index (CPI). - AUD/USD Falls Back from Monthly High Ahead of Australia 3Q Private Capital Expenditure. - USDOLLAR Preserves Bull-Flag Formation Despite Mixed U.S. Data. For more updates, sign up for David's Read More →

The ECB Fires a Warning Signal, but Will They Deliver in December?

Talking Points: -The ECB warned of a ‘sharp repricing in global risk premia’ given the Fed’s potential interest rate hike in December combined with the economic slowdown with Asia. - This is being taken as yet another reason to sell the Euro Read More →

Fed Rate Hike Cycle Doesn’t Necessarily Bode Well for US Dollar

Talking Points - Heightened probability of a move in December has been driving the US Dollar. - Rising short-end US yields have supported recent greenback versus the Euro. - Historical precedence around rate hike cycles beginning is messy at best. Rate Hike Expectations Have Read More →

US Dollar May Rise on PCE Data, Thin Trade May Boost Volatility

Talking Points: US Dollar May Edge Higher as PCE Data Boosts December Rate Hike Bets Kneejerk G10 FX Volatility May Be Amplified in Thinning Pre-Holiday Trade Australian, NZ Dollars Rebound in Asia After Yesterday’s Underperformance A quiet economic calendar in European trading hours is Read More →

Oil and Gold Prices Rise on Geopolitical Tension while Metals Recover

Talking Points: Oil steadies near 2-week high as Turkey-Russia tension and refined-product rally prompted demand Copper and metals head for first gains in 6 weeks on the back of oil surge Safe haven gold, Aussie bonds and Japanese yen are back in favour Read More →

GBP/JPY Plummets Into Support- Sell Rips Sub 186

Talking Points GBPJPY breakdown in progress- approaching initial support Updated targets & invalidation levels Event Risk on Tap This Week GBPJPY Weekly GBPJPY Daily Chart Created Using FXCM Marketscope 2.0 Broader Technical Outlook GBPJPY reversed off key resistance last week with a close back below the monthly open Read More →