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Monthly archive December, 2015

US Dollar Looks to Durables, PCE Data for a Lifeline

Talking Points: US Dollar May Rise if Upbeat Durables, PCE Data Forces Fed Rate PathRe-Pricing New Zealand Dollar Gains as Narrowing Trade Gap Cools RBNZ Rate Cut Speculation Euro, Swiss Franc Suffer as Risk-On Sentiment Weighs on Funding Currencies in Asia Another relatively quiet Read More →

EUR/USD Eyes Dec. High- NZD to Benefit From Narrowing Trade Deficit

Talking Points: - EUR/USD Gives Back Post-Fed Decline; December Range in Focus. - NZD/USD to Eye October High (0.6896) on Upbeat Trade Balance Report. - USDOLLAR Pares Decline as 3Q GDP Report Beats Forecast; Core PCE on Tap. For more updates, sign up for Read More →

US Dollar Rejection at Flag Top Not to Be Taken Lightly

Talking Points: - EUR/USD holds $1.0800/50 swing zone, basing again. - USD/JPY remains weak after key reversal around BOJ. - See the December forex seasonality report. Reflexively, a stronger EUR/USD at any point in Q1’16 will increase the chances of the ECB acting again Read More →

EUR/USD to Mount Larger Rebound on Dismal U.S. 3Q GDP Report

- 3Q U.S. GDP to Expand Annualized 1.9%- Slowest Pace of Growth Since First Three-Months of 2015. - Core PCE to Climb Annualized 1.3% After Expanding 1.9% Last Quarter. Trading the News: U.S. Gross Domestic Product (GDP) A marked downward revision to the Read More →

US Dollar May Resume Advance on Revised 3Q GDP Data

Talking Points: Risk Appetite Unimpressed in Asian Trade as China Hints at More Stimulus Australian, NZ Dollars Rise as US Yields Correct Lower After Fed Rate Hike US Dollar May Resume Advance if Revised 3Q GDP Data Tops Forecasts Gauge Trends and Spot Reversals Read More →

EUR/AUD Coils Below 1.53 Resistance- Break Imminent?

Talking Points EURAUD consolidating below key resistance- breach favored Updated targets & invalidation levels Event Risk on Tap This Week EURAUD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook: EURAUD broke out of a multi-month, descending median-line formation off the yearly high with the rally Read More →