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Euro May Look Past CPI Data, NZ Dollar Down on Building Permits Drop

Talking Points: Euro May Look Past October’s Flash EZ CPI on Limited ECB Implications NZ Dollar Down as Building Permits Slump Undercuts RBNZ Rate Hike Bets See Economic Releases Directly on Your Charts with the DailyFX News App October’s preliminary Eurozone CPI reading headlines Read More →

Silver Slumps To Fresh 2014 Low, WTI Within Striking Distance Of $80

Talking Points Silver Hammered With Technicals Warning Of Further Weakness Crude Oil Awaiting Breakout Below Critical $80.00 Barrier Gold Vulnerable To USD Strength Over Q4 – Quarterly Forecast Silver has stolen the limelight in the precious metals space after plunging by over 3 percent Read More →

USDJPY Presses Resistance Ahead of BoJ- Support at 108.87

Talking Points USDJPY weekly opening range break triggers topside scalp bias Key resistance in view ahead of Bank of Japan Event risk on tap this week USD/JPY Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook USDJPY approaching yearly highs / key resistance ahead of BoJ Read More →

Ranges Persist in USD-Pairs Post-FOMC Meeting

Talking Points: - AUDUSD can't quite break through $0.8900. - EURUSD, GBPUSD stuck in month-long ranges. - Target on US Dollar’s Back this Week with FOMC, GDP Due The FOMC threw the US Dollar a bone yesterday by leaving its name absent from its Read More →

Euro May Look Past German Data, US GDP Dip Unlikely to Derail Dollar

Talking Points: Euro Unlikely to Find Lasting Cues in German Unemployment, CPI Reports US 3Q GDP Slowdown May Not Amount to Major Setback for the US Dollar See Economic Releases Directly on Your Charts with the DailyFX News App German Unemployment and CPI reports Read More →

Gold Remains Exposed On US GDP, Natural Gas Faces Further Volatility

Talking Points Gold Remains At Risk Ahead Of US Third Quarter GDP Data Natural Gas Braces For Further Volatility On Inventories Figures Gold Vulnerable To USD Strength Over Q4 – Quarterly Forecast Gold slumped by over 1 percent on Wednesday as FOMC-inspired gains for Read More →