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EUR/USD Risks Fresh Monthly Lows on Dismal Euro-Zone CPI

- Euro-Zone Consumer Price Index (CPI) to Slip Back to 0.3%- Lowest Since October 2009 - Core Rate of Inflation to Grow Annualized 0.7% for Second Consecutive Month For more updates, sign up for David's e-mail distribution list. Trading the News: Euro-Zone Consumer Read More →

Crude Oil Declines after OPEC Meeting

Since hitting its 2015 peak in June, US crude prices had dropped more than 30 percent to below $75 per barrel through this week. That tumble was violently extended today when an OPEC (Organization of the Petroleum Exporting Countries) meeting Read More →

Euro Vulnerable as German CPI, Draghi Commentary Looms Ahead

Talking Points: Aussie, NZ Dollars Rise as Australian 3Q Capex Data Tops Expectations Japanese Yen Higher as Nikkei 225 Drops, Fueling Safe-Haven Demand Euro Vulnerable with German CPI, Draghi Commentary in the Spotlight The Australian and New Zealand Dollars outperformed in overnight trade, rising Read More →

Crude Crumbles On OPEC Inaction Speculation, Silver Slips

Talking Points WTI Extends Losses With OPEC Inaction Warning Of Further Weakness Silver Slips By Close To 2 Percent After Failing To Breach A Key Barrier Quarterly Forecast: Gold RemainsVulnerable To USD Strength WTI has slipped to a fresh 2014 low in Asian trading Read More →

Euro Heading Into Turbulent Fundamental Seas

Talking Points: Dollar: US Capital Markets are Closed, But Not the Currency Euro Heading Into Turbulent Fundamental Seas Yen Crosses Far More Sensitive to Policy Comments with Risk Sidelined Dollar: US Capital Markets are Closed, But Not the Currency With the US heading into its Read More →

EUR Short Covering Elusive as More Talk of QE Inspires Bears

Talking Points: - EURUSD can't climb back into channel from Nov 7 low. - EURGBP in lower half of triangle sub-0.7900. - See the 'high' importance events on the DailyFX Economic Calendar. Fundamental pressures are preventing key technical levels from being achieved by Euro Read More →