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NZD/USD to Breakout Should RBNZ Favor Series of Rate Hikes

- Reserve Bank of New Zealand to Raise Rates for First Time Since 2010 - Markets Pricing 98% Chance for 25bp Rate Hike According to OIS Trading the News: Reserve Bank of New Zealand Interest Rate Decision According to a Bloomberg News survey, Read More →

Gold Breaks Out While Oil and Copper Dip as China Jitters Continue

Talking Points WTI falls below $100.00 with technicals hinting at further declines Gold advances on $1,360 following a breakout in Asian trading Risk trends and China data to offer further guidance on copper and crude Crude oil and copper resumed their descent during US Read More →

Forex: Euro May Fall Further on Dovish Turn in ECB Commentary

Talking Points: US, European Economic Calendars Light on Fundamental Event Risk Euro May Fall if ECB Officials Continue to Talk Up Stimulus Options Australian Dollar Sold as Asian Stocks Drop on China Growth Fears Another quiet day on the economic data front will put Read More →

Forex: Gold Overtakes $1,355 – How Much Run do the Bulls Have?

Talking Points: Dollar Climbs a Third Day as S&P 500 Starts an Early Stumble New Zealand Dollar Volatility in Focus on RBNZ Hike Yen Crosses Retreat After BoJ Pulls Back on QE Reins Dollar Climbs a Third Day as S&P 500 Starts an Early Read More →

USDJPY Faces Growing Risk for Lower Low on Risk Aversion, BoJ Policy

Talking Points: - USDOLLAR at Risk for Range-Bound Prices Ahead of Fed Meeting - Japanese Yen Benefits from Risk Aversion, Less-Dovish Bank of Japan (BoJ) Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10574.39 10577.97 10559.15 0.09 53.19% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Break of Bearish Read More →

Forex: Euro Vulnerable as the ECB Reveals Bank Stress Test Criteria

Talking Points: Euro May Face Selling Pressure as the ECB Reveals Bank Stress Test Criteria Japanese Yen May Rise as S&P 500 Futures Hint at Oncoming Risk Aversion Aussie Dollar Edges Higher as Asian Shares Correct After Yesterday’s Selloff A relatively muted economic calendar Read More →