Monthly archive October, 2013

Talking Points: US Dollar drops to a seven month low on disappointing NFP’s Risk currencies rally on prospect of a taper delay A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Dollar 15-Minute 12:00 Read More →

Talking Points: - USDOLLAR Continues to Search for Support as Non-Farm Payrolls Disappoints - Australian Dollar Clears Resistance Ahead of Inflation Report Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10377.25 10437.33 10373.04 -0.45 136.76% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Continues to Carve Lower Low; Slips Read More →

Talking Points Commodities Treading Water as All Eyes Turn to September’s US Jobs Data Gold Breakout Stalling at Chart Resistance Above the $1300.00/oz Figure Crude Oil Eyes Support Near $99.00 Mark After Clearing Key $100.00 Hurdle Commodity prices are marking time in early Tuesday Read More →

- U.S. Non-Farm Payrolls to Climb 180K, Unemployment Rate to Hold at 7.3% - Labor Force Participation Slipped to 63.2% from 63.4% in July (Lowest Since 1978) Trading the News: U.S. Non-Farm Payrolls With U.S. Non-Farm Payrolls expected to increase another 180K in Read More →

Talking Points FX Markets Consolidated in Asian Hours as Traders Waited for US Employment Data NFP Print Important for Fed Outlook Despite Omission of US Government Shutdown US Dollar to Interpret Jobs Report in Terms of Timing First “Tapering” of QE Effort The major Read More →

Talking Points: Dollar Ready for NFPs Volatility British Pound Prone to Reversal as BoE Minutes Closes In Australian Dollar Facing Expected Cooling in 3Q Inflation Figure Dollar Ready for NFPs Volatility Both the dollar and capital markets were stoic through Monday’s session as the speculative Read More →