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Monthly archive January, 2016

Italian Banks are Screaming Warning Signs to the EU

Talking Points: - Five of Eight of Italy’s major banks have moved ‘limit-down’ this morning, meaning they went do so much that further losses were halted for the remainder of the day. This is similar to the Chinese circuit breakers at Read More →

USD Dented as FOMC Softens Tone on March Hike

Talking Points: - AUD/USD, GBP/USD run higher post-FOMC. - USD/JPY higher, too - risk sentiment improving or BOJ-related? - Follow trader sentiment in USD/CAD with live DailyFX SSI updates. We've been fairly consistent in our skepticism about the Federal Reserve's intention to hike rates Read More →

Euro May Fall on Soft CPI, Pound Risk on the Upside After UK GDP

Talking Points: Euro may fall while risk appetite firms as soft CPI boosts ECB easing bets British Pound may be more sensitive to upbeat UK GDP vs. disappointment NZ Dollar rebounds after RBNZ-driven drop, Aussie gains on RBA outlook The preliminary set of January’s Read More →

Dovish Fed Spurs Gold Interests, Oil Undeterred by Stock Build

Talking Points: Gold propped up by potential Fed rate hike delay, albeit volatility from profit-taking Oil retreats moderately as DoE crude build data presented bearish supply outlook Copper steadies near 2-week high thanks to China metal imports and oil’s resilience US dollar advanced against Read More →

Slowing U.K. GDP to Fuel Bearish GBP/USD Outlook

- 4Q U.K. GDP to Expand Annualized 1.9%- Lowest Since 1Q 2013. - Will Stronger GDP Spur Larger Dissent Within the Bank of England (BoE)? For more updates, sign up for David's e-mail distribution list. Trading the News: U.K. Gross Domestic Product (GDP) The Read More →

AUDJPY Following 2016 Trade Plan- Time to Reload

Talking Points AUDJPY rebound in focus- Rally to ultimately offer favorable shorts Updated targets & invalidation levels Event Risk on Tap This Week AUDJPY Weekly AUDJPY Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook: This AUDJPY setup was highlighted in my Top Trading Opportunities of 2016 Read More →