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Euro Traders Bet on Weakness Before ECB Rate Decision

Talking Points: Traders Bet Euro Weakness Ahead of ECB Policy Monetary Announcement Deposit Rate Cut Hint or Fully Neutral Posture to Trigger Greatest Volatility See Economic Releases Directly on Your Charts with the DailyFX News App All eyes are on the monetary policy announcement Read More →

Oil Faces Persistent Demand Weakness; Gold Retreats as Dollar Recovers

Talking Points: Oil is vulnerable on the downside as EIA’s report showed prolonged demand weakness Gold tumbled while US dollar recovered and inflation steadied before ECB meeting Copper rebounded on falling Chinese output, Asian equities gains Weekly report from the U.S. Energy Information Administration Read More →

EURCAD Bulls Brace for ECB- Rally Vulnerable Sub 1.4955

Talking Points EURCAD eyes key resistance confluence ahead of major event risk Updated targets & invalidation levels Event Risk on Tap This Week EURCAD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURCAD is trading into resistance of a descending formation off the September highs Resistance confluence Read More →

USD/JPY Rebound Eyes 121.00- Euro Outlook Hinges on ECB Rate Decision

Talking Points: - USD/JPY Mounts Larger Rebound- Expectations for Additional BoJ Support Lingers. - EUR/USD Near-Term Outlook Hinges on More Detailed ECB Easing Cycle. - USDOLLAR Rebound Approaches Next Hurdle- New, Existing Home Sales on Tap. For more updates, sign up for David's e-mail Read More →

AUD/USD Losing Triangle, EUR/AUD Breaking Out Pre-ECB

Talking Points: - AUD/USD slips as concerns over China mount. - EUR/AUD, EUR/CAD mostly stuck in recent ranges ahead of ECB. - See the October forex seasonality report that favors US Dollar weakness. We're now in the two-day stretch of central bank activity, with Read More →

Upbeat BoC to Spur Larger USD/CAD Correction- All Eyes on 1.2800

- Bank of Canada (BoC) Expected to Keep Benchmark Interest Rate to Record-Low of 0.50%. - Will Governor Stephen Poloz Highlight an Improved Outlook for Canada? For more updates, sign up for David's e-mail distribution list. Trading the News: Bank of Canada Interest Read More →