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The 2 Strongest Drivers of EUR/USD Prices

Changing Fed policy and the latest US and Eurozone data, while significant, may not have the impact on EUR/USD price action as upcoming growth forecasts and the outcome of the Italian elections. There are a number of US economic reports scheduled Read More →

Fed Hints About the End of Quantitative Easing

The latest FOMC meeting minutes went so far as referencing a potential end to quantitative easing (QE), a development that carries major weight for the dollar, euro, yen, and British pound, among others. Currencies, equities, and commodities reacted strongly to the Read More →

Euro Extends Losses on Deepening Recession- LTRO 2 in Focus

Talking Points Euro: Breaks Upward Trend as Manufacturing, Services Contract Further British Pound: U.K. Public Borrowing Narrows More-Than-Expected Euro: Breaks Upward Trend as Manufacturing, Services Contract Further The Euro tumbled to a fresh monthly low of 1.3166 as manufacturing and serviced-based activity in Europe Read More →

Gold Finds Interim Support, Oil May Follow on US CPI

Gold and silver prices have found interim support after yesterday’s selloff as traders look ahead to soft US CPI data. Crude oil and copper may follow suit. Talking Points Gold and Silver Prices Find Interim Support Before US Inflation Report Crude Oil, Copper Read More →

Dollar, Yen Rallies May Be Capped by Soft US CPI Data

The US Dollar and Japanese Yen may find resistance after strong overnight rallies as soft US CPI data caps the hawkish shift in Fed policy expectations. Talking Points Dollar, Yen Rally as FOMC Minutes Hint at Early Fed Stimulus Unwind Euro Plunges as Read More →

Pound Finds Temporary Relief on Improved Government Budget Surplus

The Pound caught a bit of a relief in today’s European session, but the currency is still in its fourth straight day of decline against the US Dollar at the time of this writing. The UK government saw a better than Read More →