Monthly archive June, 2014

- Reserve Bank of Australia (RBA) to Keep Benchmark Rate at 2.50% - RBA to Preserve Current Policy for the Eighth Consecutive Meeting Trading the News: Reserve Bank of Australia Interest Rate Decision The Reserve Bank of Australia (RBA) is widely expected to Read More →

Talking Points EURUSD weekly/monthly opening range in focus Risk of near-term recovery heading into June trade Major event risk on tap from Europe & US this week EURUSD Weekly Chart EURUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURUSD Monthly opening range taking shape between Read More →

Talking Points: - USDOLLAR Remains Capped by Former Support Zone as ISM Disappoints - AUD/USD Eyes 0.9200 Support Ahead of RBA Interest Rate Decision - USD/CAD Breakout in Focus Ahead of BoC Meeting, Canada Employment The lack of momentum to push back above former Read More →

- Big forex economic event risk warns of EURUSD volatility - Sentiment has grown particularly one-sided on Euro and Dollar - Beyond EURUSD, we’re still looking at range trading opportunities Forex traders are betting on big short-term moves in the Euro versus the Read More →

Talking Points: US Dollar Rally Showing Signs of Exhaustion, Key US Data May Disappoint ECB Policy Announcement May Spark Euro Volatility, ECB Warned Intervention in May Meeting BOE Dissent on Monetary Policy Favors Bullish GBP/USD Outlook The Reserve Bank of Australia(RBA) is expected to Read More →

Talking Points: - June begins stretch of four out of five months seeing weakness for US Dollar, the past 5 years. - North American currencies weaker, British Pound and Swiss Franc stronger. - Precious metals, equity indexes have experienced modest declines in June Read More →