Menu

FX News

Crude Oil Struggles Sub $100 While Gold Bounces Back Ahead of NFP

Talking Points Gold bounces back above $1,285 as bears book profits Crude oil traders hesitate ahead of critical jobs data Copper may continue recovery in absence of weak China data The precious metals are edging higher in Asian trading today following a jump in Read More →

Bullish EUR/USD Trend at Risk on Dovish ECB- 1.3500 Remains Key

- European Central Bank (ECB)to Hold Benchmark Interest Rate at 0.25%. - ECB President Mario Draghi to Deliver Policy Statement at 12:30 GMT. Trading the News: European Central Bank Interest Rate Decision According to a Bloomberg News survey, 54 of the 57 economists Read More →

Forex: Euro at Risk if ECB Hints at Expanded Stimulus in the Works

Talking Points: Euro at Risk if ECB’s Draghi Hints Stimulus Expansion Plans in the Works US Dollar May Rise on Upbeat ISM Data But Follow-Through to be Limited Aussie and NZ Dollars Declined in Asia, Soft Chinese Data a Likely Catalyst The monetary policy Read More →

Forex: Euro – Such Certainty in ECB Outcome Exposes Risks

Talking Points: Dollar Extends Slow Advance after ADP, Bullard Comments Stir Bulls Euro: Such Certainty in ECB Outcome Exposes Risks Yen Crosses Advance Extreme by Fundamental and Technical Measure Dollar Extends Slow Advance after ADP, Bullard Comments Stir Bulls Across the majors, the dollar was Read More →

AUD/USD to Eye Former Support as Retail Sales Climb for 10-Months

- Australia Retail Sales to Increase for 10th Consecutive Month - Rise of 0.3% Would Mark the Slowest Rate of Growth Since July Trading the News: Australia Retail Sales Another rise in Australia Retail Sales may prompt a bullish reaction in the AUDUSD Read More →

AUDUSD Setup Pending Weekly Range Break- At Risk Below 9300

Talking Points AUDUSD up nearly 7.5% off 2014 low Rally at risk below key resistance Weekly/Monthly Opening Ranges taking shape just below AUDUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDUSD Weekly/Monthly opening range taking shape below key resistance 9308/38 Near-term bias shifts lower with Read More →