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USD/SGD: Singapore Dollar Looks to Global Trade, Risk for Direction

USD/SGD - Singapore Skyline
Talking Points: -Mixed 2014 data provides SGD support, but global trade will be watched -Technical, fundamental setups favor USD/SGD higher in 2014 (via Kristian Kerr) -Traders eye opportunities in any resumption of volatility Read More →

Risk Breakdown Delayed as AUD/USD and USD/JPY Rally Post-Crimea

Talking Points: - USDJPY holds key 101.20 support, for now. - AUDUSD testing symmetrical triangle, inverse H&S neckline. - EURUSD holding near 1.3900 after February CPI - read the weekly forecast. To keep up with developments central banks and their policy changes, be sure Read More →

Gold Retreats Towards $1,375 As Traders Overlook Ukrainian Tensions

Talking Points Gold’s upside momentum fades as traders discount Ukrainian concerns Copper finds support while WTI struggles to reclaim $100.00 Silver faces test of key resistance level near $21.50 Gold’s recent bull run is showing signs of slowing in early European trading as investors Read More →

Forex: Yen, Aussie Dollar Responses to Crimea Referendum Swiftly Fizzle

Talking Points: Euro Volatility Risk Skewed to the Downside on Revised Eurozone CPI Data Aussie Dollar Drops, Yen Rallies as Crimea Votes to Leave Ukraine for Russia Geopolitical Stress Proves Transitory, Monitoring Follow-On Theatrics Key The final revision of February’s Eurozone CPI data headlines Read More →

ECB’s Draghi Warns on Euro Strength – Will it Keep Rising?

ECBs-Draghi-Warns-on-Euro-Strength-Will-it-Keep-Rising_body_Picture_1.png, ECB’s Draghi Warns on Euro Strength – Will it Keep Rising?
Fundamental Forecast for Euro: Neutral - The Euro melt-up was in full swing this week until ECB President Draghi spoke on Thursday. - Forex Read More →

Australian Dollar Eyeing FOMC Outcome, Geopolitical Risks

Fundamental Forecast for Australian Dollar: Neutral Australian Dollar May Face Selling Pressure on Pro-Taper FOMC Outcome Geopolitical Tensions Threaten to Unleash Sentiment-Driven Aussie Volatility Help Time Key Turning Points for the Australian Dollar with DailyFX SSI A timid economic calendar on the domestic front Read More →