Monthly archive April, 2014

Talking Points: Australian Dollar Plummets as Soft CPI Erodes RBA Rate Hike Bets Euro May Decline if Soft PMI Data Boosts ECB Stimulus Speculation Minutes from April’s BOE Meeting Unlikely to Stir Pound Volatility The Australian Dollar sank in overnight after first-quarter CPI data Read More →

- Australia Headline & Core Consumer Price Index (CPI) to Rise for Second Straight Quarter. - Headline Inflation to Exceed RBA’s 3% Limit for First Time Since 3Q Read More →

Talking Points: - USDOLLAR Eyes October Low (10,354) After Carving Lower High. - EUR/GBP Risks Fresh Lows on Hawkish BoE Minutes. - AUD/NZD Continues to Mark Failed Attempts to Close Above 1.0900. Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10446.6 10470.17 10444.65 -0.21 84.71% The Dow Jones-FXCM U.S. Read More →

Talking Points: - USDOLLAR testing uptrend from April low. - GBPUSD at topside of multi-month ascending triangle. - Forex economic calendar focuses on US housing data on Tuesday. Yesterday we examined some of the causes behind the US Dollar’s weak start to 2014, which Read More →

Talking Points: Australian Dollar Outperforms as Markets Return from Easter Holiday Quiet European Calendar Leaves “Re-Liquefaction” to Drive FX Rates US Dollar Eyes Existing Home Sales Data to Inform QE “Taper” Bets The Australian Dollar outperformed in otherwise quiet overnight trade, rising as much Read More →