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Monthly archive November, 2015

USD/CAD Outlook Mired by Failed Test of September High

Talking Points: - USD/CAD November Rally Exhausted Ahead of September High (1.3456). - NZD/USD Bearish Formation Remains Intact Ahead of New Zealand Trade Balance. - USDOLLAR Continuation Pattern Remains in Focus Following Lackluster 3Q GDP Report. For more updates, sign up for David's e-mail Read More →

The Top Three Risks Facing Global Markets Right Now

Talking Points: - While much of the world is watching the Fed for that first hike in Nine years, liquidity and geopolitical risk may present more complicated quagmires for investors to contend with. - Geo-political and liquidity risk can be difficult to Read More →

EUR/USD, GBP/USD Best Ways to Express Bullish USD Bias

Talking Points: - EUR/USD, GBP/USD remains weakest major USD-pairs. - AUD/USD is turning bullish, USD/JPY remains neutral. - See the November forex seasonality report that forecasts US Dollar strength. It's important to keep in mind "the forest" this week, instead of getting caught up Read More →

Strong US 3Q GDP to Fuel EUR/USD Selloff- April Low on Tap?

- 3Q U.S. GDP to Increase Annualized 2.1%- Second Highest Print for 2015. - Core Personal Consumption Expenditure (PCE) to Expand 1.3%- Slowest Pace Since 1Q 2015. Trading the News: U.S. Gross Domestic Product (GDP) The preliminary U.S. 3Q Gross Domestic Product (GDP) Read More →

Oil Price Calms after Saudi-Led Rally; Copper Nears Multi-Year Low

Talking Points: Oil cools down after New York rally, price intervention offers support Copper and metals linger near multi-year lows, hope lies in Silk Road project Gold holds near 5-year low for second day as investors’ exodus continues Two notable developments in commodities overnight: Read More →

Pound Eyes Carney Comments, Euro May Overlook German Data

Talking Points: British Pound Looks to Carney Testimony to Guide BOE Rate Hike Timeline Euro May Ignore German GDP, IFO as Near-Term ECB Bets Predominate TrackEconomic News Directly on Your Charts with the DailyFX News App UK monetary policy expectations are in focus in Read More →