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Forex: Dollar Drops after Leaked Yellen Comments Show QE Support

Talking Points: Dollar Drops after Leaked Yellen Comments Show QE Support Euro at Risk Should Weak GDP Data Spur ECB Stimulus Wars British Pound Rallies after BoE Report Opens Door to 2015 Hike Dollar Drops after Leaked Yellen Comments Show QE Support The markets were Read More →

Euro Rebound at Risk on Slowing 3Q GDP- More Dovish ECB Ahead?

- German Gross Domestic Product (GDP) to Grow for Two Straight Quarters - 2Q GDP (0.7%) Marked the Fastest Pace of Growth Since 1Q 2012 Trading the News: German Gross Domestic Product Germany’s 3Q Gross Domestic Product (GDP) report may highlight a weakening Read More →

USDCHF Scalp Favors Buying Dips- Bullish Above 9063

Talking Points USDCHF reversal off October lows halts at Fibonacci resistance / 100DMA Risk of near-term bounce shifts focus lower– Pullbacks to be bought above 9063 Bearish invalidation with break / close above 9252 USDCHF Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook USDCHF reversal Read More →

EURUSD Eyes 1.3300 as 3Q GDP Highlights Slowing Recovery

Talking Points: - USDOLLAR Pares Decline Ahead of Bernanke Speech, Yellen Confirmation Hearing - Euro Weighed by Dovish European Central Bank (ECB)- 3Q GDP in Focus Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10612.53 10632.88 10603.46 -0.12 60.63% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Former Support Read More →

British Pound Remains on Edge as Markets Look to Bank of England

Talking Points: - UK labor markets improving faster than anticipated. - Projection sees UK Unemployment Rate at 7.0% in 4Q’14. - Tone of Quarterly Inflation Report will guide GBP-based pairs. To keep up with the European data and news as the week goes forward, Read More →

Forex: Pound May Rise as BOE Inflation Report Disappoints Doves

Talking Points: Pound May Rebound as BOE Inflation Report Falls Short of Dovish Expectations Soft UK News-flow Represents BOE Status Quo, Not a Catalyst for More Easing Yen Higher, Aussie and Kiwi Sold as China’s Third Plenum Outcome Disappoints Get Real-Time Feedback on Your Read More →