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Bearish GBP/USD Pattern in Focus- USD/CAD to Target 1.1000?

Talking Points: - GBP/USD Retains Descending Channel Ahead of BoE; March Low (1.6458) on Horizon? - USD/CAD to Test 1.1000 on Dovish BoC; Lower-High in Place? - USDOLLAR Remains Overbought; Monthly Opening Range in Focus. For more updates, sign up for David's e-mail distribution Read More →

Gold Slides As US Dollar Bulls Return Following Holiday Lull

Talking Points Crude Oil Traders To Keep One Eye On Escalating Ukrainian Turmoil Gold Weighed On By A Stronger Greenback Despite Absence of Major Data Palladium Targeting 1,000 After Leaping Over The 900 an Ounce Hurdle US Dollar strength has weighed on gold in Read More →

US Dollar Looks to ISM Manufacturing Data to Fuel Continued Gains

Talking Points: US Dollar May Extend Advance if ISM Manufacturing Data Tops Forecasts Australian Dollar Ignores RBA Announcement with Fed Policy Bets in Focus See Economic Releases Directly on Your Charts with the DailyFX News App A relatively quiet economic calendar in European trading Read More →

Australian Dollar Confronts an RBA Decision with Heavy Speculation

Talking Points: Dollar Traders Look Ahead to a Rebound in Liquidity and Pick Up in Data Euro Economic Health Fades Further, Investors More Expectant of ECB Australian Dollar Confronts an RBA Decision with Heavy Speculation Dollar Traders Look Ahead to a Rebound in Liquidity Read More →

Gold and Silver Tug-Of-War Continues, Palladium Cracks $900 Hurdle

Talking Points Crude Oil Traders To Keep One Eye On Escalating Ukrainian Turmoil Gold In Tug-Of-War As Geopolitical Tensions Offset A Stronger Greenback Palladium Targeting 1,000 After Leaping Over The $900 an Ounce Hurdle Crude oil’s recovery appears to have stalled in Asian trading Read More →

Euro Remains Vulnerable After Sinking to One-Year Low vs. US Dollar

Talking Points: New Zealand Dollar Gains as Terms of Trade Data Boost RBNZ Policy Bets Euro May Continue Lower if German GDP, EZ PMI Revisions Disappoint See Economic Releases Directly on Your Charts with the DailyFX News App The New Zealand Dollar narrowly outperformed Read More →