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USD/JPY Range Vulnerable as Yen Leans on ’Funding-Currency’ Status

USD/JPY Range Vulnerable as Yen Leans on 'Funding-Currency' Status
Fundamental Forecast for Yen:Neutral GBPJPY Reversal Setup- Short Scalps Eye 182 USD/JPY Risks Further Losses Despite Slowing Japan Consumer Price Index (CPI). For Real-Time SSI Updates and Potential Read More →

NZD Ends Week on Positive Note After Fonterra Upgrades Forecast

NZD Ends Week on Positive Note After Fonterra Upgrades Forecast
Fundamental Forecast for the Kiwi:Neutral New Zealand annual trade deficit widened to its largest margin since April 2009 Fonterra raised their milk payout forecast on Thursday Read More →

Gold Rallies Into Critical Resistance Ahead Fed, NFP

Gold Rallies Into Critical Resistance Ahead Fed, NFP
Fundamental Forecast for Gold:Neutral Gold at Critical Resistance- Long Scalps Vulnerable Sub 1155 Gold Price: Gold Forges Ahead into Multiple Points of Resistance Sign up for DailyFX on Demand Read More →

USD in Yellen’s Good Graces – Rate Hike in 2015 Still Eyed

Talking Points: - Fed Chair Yellen outlines plan to raise rates in 2015. - US Dollar broadly supported, including USDJPY. - See the September forex seasonality report. A quiet end to a quiet week on the economic calendar has left markets sensitive to commentary Read More →

Gold Slides after Yellen Affirms Rate Hike; Oil, Copper Find Support

Talking Points: Oil traded subdued though on a 2nd week of advance as stockpile fell Gold retreated on chances of 2015 rate cut, after a surge on soft US data Copper supported by US new home sales at 7-year high Gold opened lower as Read More →

EUR/USD Monthly Open Range in Focus Following ECB Rhetoric

Talking Points: - EUR/USD Preserves Long-Term RSI Formation Even as ECB Endorses Dovish Outlook. - NZD/USD Fails to Retain Monthly-Opening Range Ahead of New Zealand Trade Report. - USDOLLAR Clears Topside Targets & Eyes September High Ahead of Durable Goods Orders. For more updates, Read More →