Monthly archive June, 2014

- Australia Economy to Grow at Faster Face for Second Straight Quarter. - GDP of 0.9% Would Mark Largest Advance Since 1Q 2012. Trading the News: Australia Gross Domestic Product (GDP) The Australian economy is expected to grow another 0.9% during the first Read More →

Talking Points: - USDOLLAR Previous Day’s Range Despite Positive Data - EUR/USD to Hold Range Ahead of ECB Interest Rate Decision - AUD/USD Range at Risk as Australia 1Q GDP Picks Up The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) pared the decline to Read More →

Talking Points: - EURUSD still has potential for ST turnaround pre-ECB. - USDCHF double bottom would target 0.9160. - Forex economic calendar significant in Europe, light in N.A. on Tuesday. If we could pinpoint a reason why volatility has been so low, we would Read More →

Talking Points: Euro May Face Added Selling Pressure on Soft Eurozone Inflation US Factory Orders Data May Surprise Higher, Boosting US Dollar Aussie Dollar Edges Upward on Chinese PMI as RBA Holds Rates The preliminary set of May’s Eurozone CPI figures headlines the economic Read More →

Talking Points: Dollar Focused on Taper and Risk, Undeterred by ISM Fiasco Euro: German Data Further Builds Case for ECB Easing Yen Crosses Trail Nikkei 225’s Incredible Rally Dollar Focused on Taper and Risk, Undeterred by ISM Fiasco The top piece of US event risk Read More →