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EUR/GBP, GBP/CHF Flags Ready for Liftoff as Carney Signals Policy Shift

Talking Points: - GBP picks up losses from last several days on BoE announcement. - EURGBP, GBPCHF offer clearest flag opportunities. - See the DailyFX Economic Calendar for Thursday, June 26, 2014. It's been a busy week for Bank of England Governor Mark Carney, Read More →

WTI-Brent Spread Set To Narrow, Gold To Remain Elevated On Weak USD

Talking Points WTI Brent spread narrows on US export story US Dollar slump to support gold Copper turns to upcoming China data WTI Crude has popped back above the $106.00 handle as reports of relaxed restrictions on US oil exports offset negative cues from Read More →

Pound Looks to Financial Stability Report to Drive BOE Rate Hike Bets

Talking Points: BOE Financial Stability Report Headlines Quiet European Calendar Pound May Drop if FSR Fails to Stoke BOE Rate Hike Expectations US Dollar May Rise as Upbeat Data Boosts Fed Normalization Bets The spotlight turns to the Bank of England once again in Read More →

Dollar: The Fed’s Favored Inflation Reading Due

Talking Points: Dollar: The Fed’s Favored Inflation Reading Due British Pound at Risk of Retreat if BoE Makes Moves on Financial Stability Yen Crosses Weigh CPI Impact on QE Hopes Versus Influence of Risk Trends Dollar: The Fed’s Favored Inflation Reading Due As quickly as Read More →

GBPJPY Testing Key Inflection Zone- Shorts at Risk Above 172.70

Talking Points GBPJPY reversal off resistance last week now checking support Broader outlook constructive- support break to trigger correction Event risk on from Japan & UK this week GBPJPY Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPJPY holding within confines of ascending channel off Read More →

Euro Eyes June High Following Bullish Break- JPY Ranges Remain Favorable

Talking Points: - USDOLLAR to Resume Bearish Trend; Lower-Low on Tap? - EUR/USD Breakout Eyes Former Support (1.3670-80) Ahead of ECB July Meeting - USD/JPY Threatens Monthly Low (101.59) Ahead of Japan CPI Report Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10436.21 10456 10426.24 -0.13 87.96% USDOLLAR(Ticker: USDollar): Dow Read More →