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USDOLLAR Spike Undermined by Bearish Divergence- AUD Lower Low on Tap

Talking Points: - USDOLLAR Spikes Into Interim Resistance- Closing Price in Focus - Australian Dollar Slips to Fresh Yearly Low (0.8775) Amid Slowing Recovery Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10735.91 10755.52 10714.06 0.25 107.31% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Close Above 10,716 to Read More →

AUD/USD Breakdown, GBP/AUD Breakout May Be Gathering Shape

Talking Points: - Australian Dollar selling intensifies overnight on weak December labor print. - AUDUSD and GBPAUD at key levels for significant moves. - US CPI on docket posses risk to AUDUSD selloff. To keep up with the European data and news as the Read More →

Commodities: Gold, Silver May Decline on US CPI Pickup

Talking Points: Investor optimism supporting higher crude and copper prices Renewed pro-taper bets weighing on gold and silver demand Commodities looking to US CPI figures for further bearings Bullish investor sentiment helped support crude oil and copper prices during US trading hours as the Read More →

Forex: US Dollar Momentum May Slow After CPI, Jobless Claims Data

Talking Points: Australian Dollar Flounders After Sharp Miss on Employment Data Euro May Come Under Pressure if Inflation Data is Revised Lower US Dollar Momentum May Slow as the Markets Digest Latest Gains Get Real-Time Feedback on Your Trades with DailyFX on Demand! The Australian Read More →

Trading U.S. CPI- Faster Inflation to Trigger Further EURUSD Weakness

- U.S. Consumer Price Index to Climb 1.5%- First Rise Since July - Core Inflation to Hold at 1.7% for Fourth Consecutive Month Trading the News: U.S. Consumer Price Index U.S. Consumer Prices are projected to increase an annualized 1.5% in December, which Read More →

Forex: Dollar on Cusp of Big Bull Trend Upgrade with CPI Ahead

Talking Points: Dollar on Cusp of Big Bull Trend Upgrade with CPI Ahead Euro: Perception of Stability Improved on ECB Stress Test Changes Australian Dollar Drops to 3-Year Low after Sharp Jobs Report Miss Dollar on Cusp of Big Bull Trend Upgrade with CPI Read More →