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Crude Oil Teases at Break of $100, Gold Vulnerable To Fresh Declines

Talking Points Gold and silver vulnerable to further declines as geopolitical risks abate Copper’s bounces to critical $3.00 level on China stimulus speculation $100 handle continues to cap crude oilgains ahead of inventories data Gold has been given a reprieve in recent trading as Read More →

Forex: Dollar to Rise if Durables Data Reinforces Fed Taper Continuity

Talking Points: US Consumer Confidence Jump Inspires Risk-On Mood in Asian Trade New Zealand Dollar Leverages Rates Outlook to Outperform Overnight Upbeat Durable Goods Orders to Bolster Fed “Taper” Bets, Boost USD The absence of significant headline event risk left currency markets in consolidation Read More →

Euro at Risks for Further Losses as U.S. Durable Goods Rebound

- U.S. Durable Goods Orders to Increase for First Time Since November - Non-Defense Capital Goods Orders to Rise for Second Straight Month Trading the News: U.S. Durable Goods Orders A 1.0% rebound in U.S. Durable Goods Orders may prompt a bullish reaction Read More →

Euro Risks Large Correction on Dovish ECB- Remains Bullish Above 1.35

Talking Points: - USDOLLAR Struggles Despite Upbeat Consumer Confidence Report - EURUSD Weighed by Dovish ECB Rhetoric; Watching for Higher Low Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10558.33 10563.03 10539.91 0.09 60.98% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Outlook Remains Bearish Following Lower High; At Read More →

US Dollar Rebound Not There Yet: AUD/USD, GBP/USD, USD/JPY Setups

Talking Points: - EURUSD and GBPUSD look weak despite yesterday's late rally. - AUDUSD proving the strongest, weathering headwinds from China. - Several important events on the US economic calendar today. To keep up with developments central banks and their policy changes, be sure Read More →

Bullish GBP/USD Outlook at Risk on Slow U.K. CPI- 1.6400 in Focus

GBP/USD Outlook as UK CPI Data Released
- U.K. Consumer Price Index (CPI) to Narrow for Fifth Consecutive Month. - Core Inflation to Hold Steady at 1.6%- Lowest Reading Since November 2009. Trading the News: U.K. Read More →