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USD/CNH: Risks for Chinese Yuan, Chinese Credit Markets at 6.25

USD/CNH 20 Chinese Yuan Bill
Talking Points: -USD/CNH now offered on FXCM platforms. -Pair has been treated like a one sided bet, but a wider trading ban has caused short covering. -Risks remain for Chinese credit markets Read More →

USDOLLAR May Fail to Benefit from FOMC Minutes- AUD/USD Eyes 0.9400

Talking Points: - USDOLLAR Continues to Search for Lower Low Ahead of FOMC Minutes - AUD/USD Threatens Trendline Resistance Ahead of Australia Employment Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10453.61 10464.47 10447.83 0.01 46.35% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Looking for Lower Low Within Read More →

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 →