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FOMC Minutes Pose Risk as USD Breakdown Looms: GBP/USD, USD/JPY

Talking Points: - EURUSD and GBPUSD could be on the verge of breaking higher. - USDJPY holding January range lows. - Forex economic calendar dotted with Fed events on Wednesday. To keep up with developments central banks and their policy changes, be sure to Read More →

Forex: Japanese Yen Crosses Plunge, Threaten Large Scale Reversal

Talking Points: Dollar Suffers Biggest Drop Since October as Yields Slide Japanese Yen Crosses Plunge, Threaten Large Scale Reversal British Pound Rallies as Data Solidifies BoE Rate Hike Hopes Dollar Suffers Biggest Drop Since October as Yields Slide Risk trends have little to do with Read More →

Forex: US Dollar Hoping to Find Reprieve in March FOMC Minutes

Talking Points: US Dollar Hoping for a Reprieve from March Fed Meeting Minutes Pound, Euro Unlikely to Find Fuel in German and UK Trade Data Aussie and NZ Dollars Higher, China Optimism a Possible Catalyst The spotlight is on the release of minutes from Read More →

GBP/USD Eyes Higher High Ahead of BoE; 1.6850-60 on Tap?

Talking Points: - Bearish USDOLLAR Setup Remains in Play; 10,440 Up Next (78.6% Fibonacci Retracement) - Japanese Yen Benefits From Less-Dovish Bank of Japan (BoJ); 101.00 in Sight - GBP/USD Continues to Carve Higher Lows Ahead of BoE; Higher High on Tap? Index Last High Low Daily Change Read More →

AUD/USD and GBP/USD Break Higher as Post-NFP Dollar Turmoil Continues

Talking Points: - GBPUSD responds to July-March uptrend, needs 1.6750. - AUDUSD bull flag engaged, calls for move above 0.9500. - North American forex economic calendar light on Tuesday. To keep up with developments central banks and their policy changes, be sure to sign Read More →

Gold Knocks On $1,310 While Crude Oil Breakout Looks Imminent

Talking Points Gold extends gains following a break above $1,300 as the US Dollar weakens Crude oil consolidation looks set to break based on technical readings Dovish “Fed speak” may weigh on the USD and bolster the precious metals Gold is knocking on the Read More →