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Bearish Australian Dollar Outlook Targets 0.9000 on Dovish RBA

- Reserve Bank of Australia (RBA) to Keep Cash Rate at 2.50% - Governor Glenn Stevens to HighlightCurrency Intervention Threat? Trading the News: Reserve Bank of Australia Interest Rate Decision The Australian dollar may continue to give back the rebound from back in Read More →

Graphic Rewind: Dollar Rises on Manufacturing Data from the US and Europe

Talking Points: US Dollar rises on manufacturing data from Europe and the US Euro declines despite an improvement in the PMI A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Dollar 15-Minute 17:00 12/01 Read More →

USD Threatens Bearish Divergence- AUD at Risk on RBA Policy

Talking Points: - USDOLLAR Continues to Threaten Resistance as ISM Manufacturing Tops Forecast - AUD Rebound at Risk as Reserve Bank of Australia (RBA) Mulls Currency Intervention/Rate Cut Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10649.65 10654.53 10594.58 0.24 122.18% USDOLLAR Daily Chart - Created Using FXCM Marketscope Read More →

Japanese Yen Remains Our Top Forex Trade in the Week Ahead

- Japanese Yen falls sharply and remains our forex trading focus- Our Momentum2 strategy has done well selling JPY, we believe it can continue- Low forex volatility prices suggests US Dollar could remain otherwise range-bound The Japanese Yen continues to tumble Read More →

Japanese Yen Remains Our Top Forex Trade in the Week Ahead

- Japanese Yen falls sharply and remains our forex trading focus- Our Momentum2 strategy has done well selling JPY, we believe it can continue- Low forex volatility prices suggests US Dollar could remain otherwise range-bound The Japanese Yen continues to tumble Read More →

Stronger November UK PMI Manufacturing could Push EUR/GBP Breakdown

Talking Points: - UK PMI Manufacturing (NOV): 58.4 versus56.1 expected. - Improved Chinese PMI Manufacturing buys time for commodity currencies. - Euro worst performer on the day thus far. To keep up with the European data and news as the week goes forward, be Read More →