FX News

Talking Points: - USDOLLAR breaking out of falling wedge and symmetrical triangle. - EURUSD nears event horizon for triangle breakout point. - June seasonality still working against the buck, however. A sharp turnaround in long-end US yields yesterday undermined enthusiasm for the US Dollar Read More →

Talking Points Iraq conflict stirs crude oil volatility US crude inventories in focus Gold elevated by geopolitical tensions Crude oil is set for another volatile session with US inventories and Durable Goods Orders data on tap, with additional guidance offered by ongoing concerns over Read More →

- U.S. Final 1Q GDP Print to Show Another Downward Revision/Larger Contraction. - 1.8% Decline Would Mark the Biggest Drop Since 1Q 2009 (-5.4%). Trading the News: U.S. Gross Domestic Product (GDP) The final 1Q Gross Domestic Product (GDP) report may heighten the Read More →

Talking Points: Euro Still Looking to ECB Commentary for Stimulus Expansion Clues Currency Markets May Look Past Another Downgrade of 1Q US GDP US Dollar to Rise if Durables, PMI Data Top Economists’ Forecasts A lackluster European economic calendar offers little to drive volatility Read More →

Talking Points: Dollar Rally as Much a Bull Trend as S&P 500 Retreat a Collapse British Pound: So Much for BoE Clarity Yen Crosses Facing Inevitable Technical Breaks Dollar Rally as Much a Bull Trend as S&P 500 Retreat a Collapse A bullish jump for Read More →

Talking Points: - Bearish USDOLLAR Setup Remains in Focus Ahead of Final 1Q GDP. - EUR/USD Breaks Out of Bearish Formation; June Range in Focus. - AUD/JPY Remains Vulnerable Amid String of Failed Attempts to Close Above 96.00. Index Last High Low Daily Change (%) Daily Range (% of Read More →