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EUR/USD Poised For Another Close Below 1.3800- Weekly Low in Focus

Talking Points: - USDOLLAR Eyes Former Support Following Bullish Inside-Day - EUR/USD Consolidates Ahead of ECB Following Failed Close Above 1.3800 Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10542.89 10550.19 10526.65 0.08 66.19% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Eyes Former Support/Trendline Resistance Following Bullish Inside-Day Interim Read More →

AUD at Risk if RBA Engages in Macro-Prudential Policy?

AUD Currency Bills
Talking Points: -RBA parsing words on AUD overvaluation in the context of inflation data. -Higher inflation on the back of rising home values poses challenges for the RBA. -RBNZ style, non-standard, macro prudential measures Read More →

EUR Pairs Vulnerable After Losing ST Trends Pre-ECB

Talking Points: - More weak price data out of Euro-Zone compounds deflation fears. - EUR slipping versus three major counterparts - AUD, JPY, USD. - End of week economic calendar packed with event risk - ECB, NFPs. To keep up with developments central banks Read More →

Gold Vulnerable Near $1,285 Ahead of US ADP and Factory Orders Figures

Talking Points Crude oil drops below $100 alongside bearish technical signals Gold vulnerable to further declines as traders move towards yield-plays US Economic Data to give precious metals further bearings in session ahead Crude Oil has plunged below the critical $100 a barrel handle Read More →

Forex: Pound May Bounce on PMI Data, Euro to Look Past PPI Drop

Talking Points: British Pound Hoping for a Lifeline in Construction PMI Uptick Euro Unlikely to See Strong Response to Another Soft PPI Print US Dollar Eyeing ADP Jobs Data for Near-Term Direction Cues The UK Construction PMI report headlines a quiet European economic calendar. Read More →

Forex Euro Virtually No Expectation of ECB Stimulus from the Market

Talking Points: Dollar Steady Despite Risk Push that Sends S&P 500 to Record Japanese Yen Crosses Rally after Sales Tax Hike Implemented Euro: Virtually No Expectation of ECB Stimulus from the Market Dollar Steady Despite Risk Push that Sends S&P 500 to Record It was Read More →