Monthly archive March, 2016

Talking Points: - All four components of the USDOLLAR Index are moving in tandem. - Global equities rally as Yen, precious metals weaken. - As FX market volatility stays elevated, it's a good time to review risk management principles. While the USDOLLAR Index has Read More →

Talking Points: US Dollar continues to rise as markets undo half of post-FOMC drop March rate forecast update, subsequent Fed-speak hint at new strategy Comments from St. Louis Fed’s Bullard may add to case for June hike The US Dollar outperformed in overnight trade, Read More →

Talking Points GBPJPY at support ahead of UK Retail Sales, Japanese CPI Release to threaten immediate short-bias Updated targets & invalidation levels GBPJPY 30min Chart Created Using FXCM Marketscope 2.0 Technical Outlook: GBPJPY is checking a near-term support confluence at 1.5830/48 ahead of tohursday's UK Retail Read More →

This daily digest focuses on market sentiment, new developments in China’s foreign exchange policy, changes in financial market regulations and Chinese-language economic coverage in order to keep DailyFX readers up-to-date on news typically covered only in Chinese-language sources. - China’s FX Read More →

Talking Points: Gold price retreated as investors took profit and left gold trades Oil price slipped after US rig count halts its declines Copper price traded muted after China’s monthly imports fell to the lowest since 2004 U.S. oil prices dropped 1.4 percent andconsolidated Read More →

Fundamental Forecast for USD/JPY: Neutral - Markets are beginning to question the efficacy of the BOJ’s NIRP. - USD/JPY dove towards its yearly lows after Read More →