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Commodities: Risk-Driven Oil and Copper Rally at Risk on US Data, Fed

Crude oil and copper are aiming higher amid a pick-up in risk appetite but US retail sales data and minutes from October’s FOMC meeting may undermine prices. Talking Points Crude Oil, Copper Rise as China’s New Leadership Structure Begins to Emerge Gold and Read More →

Forex News: Euro Surpasses Sterling as IMF Chief Calls for Greece Solution

In today’s European session, the Euro and Sterling diverged in their reaction to usual risk trends as outlooks for individual economies drove trading in currency markets. Euro and Sterling rose in tandem during the first few hours of the session following Read More →

Forex Analysis: Pound May Rise as BOE Inflation Report Dents QE Bets

The British Pound may find support as the Bank of England opts for a wait-and-see approach in its Inflation Report, signaling additional QE is unlikely for now. Talking Points Pound May See Near-Term Gains as BOE Inflation Report Dents QE Outlook US Dollar, Read More →

Forex: Dollar So Close to a Bullish Surge, What Does it Take?

Dollar So Close to a Bullish Surge, What Does it Take? Euro Finds Little Bounce From Greece Hole Plug, Spain Rescue Rumors British Pound Rallies Briefly After CPI Data, Right Back Towards 1.5850 Japanese Yen: Risk Aversion May have Wavered but the Yen Read More →

Forex: EUR/USD- Trading the U.S. Retail Sales Report

Trading the News: U.S. Advance Retail Sales What’s Expected: Time of release: 11/14/2012 13:30 GMT, 8:30 EDT Primary Pair Impact: EURUSD Expected: -0.2% Previous: 1.1% DailyFX Forecast: -0.3% to 0.2% Why Is This Event Important: U.S. retail sales are expected to contract 0.2% in October following the devastating Read More →

Forex: EUR/USD- Trading the U.S. Retail Sales Report

Trading the News: U.S. Advance Retail Sales What’s Expected: Time of release: 11/14/2012 13:30 GMT, 8:30 EDT Primary Pair Impact: EURUSD Expected: -0.2% Previous: 1.1% DailyFX Forecast: -0.3% to 0.2% Why Is This Event Important: U.S. retail sales are expected to contract 0.2% in October following the devastating Read More →