FX News

Talking Points: - BoE Governor Mark Carney walks back hawkish tone. - Counter-trend trades in GBP, not looking for a top (yet). - See the DailyFX Economic Calendar for Tuesday, June 24, 2014. Bank of England Governor Mark Carney apparently took punishment for his Read More →

Talking Points Iraq conflict stirs crude oil volatility Gold to resume gains on USD weakness Platinum vulnerable to strike deal Crude oil may be in store for further volatility as ongoing unrest in the Middle East keeps traders on edge. Meanwhile, gold could resume Read More →

Talking Points: British Pound Awaits BOE Officials’ Testimony to Make its Next Move Euro to Look Through German IFO Data, Focus on ECB Commentary US Dollar Hoping for a Lifeline in Home Sales, Confidence Figures Bank of England monetary policy expectations are in focus Read More →

Talking Points: Dollar Slumps Despite ‘Academic’ Improvement in Data British Pound Traders Await Carney’s Testimony on Forward Guidance Euro Slips as PMI Figures Reflect More Reason for Stimulus Dollar Slumps Despite ‘Academic’ Improvement in Data There is frequently a difference between how the textbooks say Read More →

- Major pairs offer trade opportunities – buying at support, selling near resistance - Our bias changes on Yen if these levels give way - Watch the Commodity Bloc as the Canadian, Australian, and NZ Dollars make a run Forex volatility continues to Read More →

Talking Points: - Euro walks back after weaker than expected PMI data. - EURUSD eyes 1.3585 close, EURJPY targets 138.05. - June seasonality still working against the buck, however. Weaker than expected June PMI data from across the Euro-Zone has helped drop the Euro Read More →