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USD/CAD at Risk for Larger Downside Correction on Sticky Canada CPI

- Canada Headline Inflation to Hold Above 2.0% for Fifth Consecutive Month. - Core Consumer Price Index of 1.9% Would Mark Fastest Pace of Growth Since June 2012. Trading the News: Canada Consumer Price Index (CPI) The USD/CAD may face a larger decline Read More →

AUDNZD Scalps Targets Key Inflection Range – 1.1020 Critical Support

Talking Points AUDNZD weekly opening range takes shape above key support Major inflection zone at 1.1020/35 Limited event risk on tap this week AUD/NZD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDNZD at key support zone 1.1020/35- bullish invalidation Support break targets objectives at 1.0957, Read More →

GBP Capped by Channel Resistance- CAD to Face Sticky CPI Inflation

Talking Points: - GBP/USD to Break Out of Descending Channel on Scotland ‘No’ Vote - USD/CAD Risks Larger decline on Sticky Canadian Consumer-Price Inflation - USDOLLAR at Risk for More Meaningful Correction as RSI Threatens Bullish Momentum For more updates, sign up for David's Read More →

Big Day for FX Markets – What We’re Watching

- Scotland vote is big focus: we price the probabilities for the British Pound - ECB TLTRO disappoints and SNB stands pat - What's Next? - Keep an eye on tail risk as the Dollar rally looks long in the tooth. It's a Read More →

Gold And Silver Cling To Key Technical Levels In FOMC Aftermath

Talking Points Gold and Silver Are In A Precarious Position Near Noteworthy Support Levels Crude Oil Gives Back Gains As Inventories Data Bolsters Supply Glut Concerns Platinum May Extend Declines Following A Slide Under The 1,360 Floor Gold and silver have stabilized near key Read More →

Markets Brace for More Volatility on ECB TLTRO, Scotland Referendum

Talking Points: Franc May Decline if SNB Threatens to Expand Anti-Deflationary Measures Euro Could Bounce as Strong TLTRO Uptake Cuts Stimulus Expansion Bets Pound Volatility in the Cards as Scotland Independence Referendum Looms The FOMC monetary policy announcement fueled sharp volatility across currency markets Read More →