Monthly archive June, 2014

Talking Points: Dollar Rally as Much a Bull Trend as S&P 500 Retreat a Collapse British Pound: So Much for BoE Clarity Yen Crosses Facing Inevitable Technical Breaks Dollar Rally as Much a Bull Trend as S&P 500 Retreat a Collapse A bullish jump for Read More →

Talking Points: - Bearish USDOLLAR Setup Remains in Focus Ahead of Final 1Q GDP. - EUR/USD Breaks Out of Bearish Formation; June Range in Focus. - AUD/JPY Remains Vulnerable Amid String of Failed Attempts to Close Above 96.00. Index Last High Low Daily Change (%) Daily Range (% of Read More →

Talking Points: - BoE Governor Mark Carney walks back hawkish tone. - Counter-trend trades in GBP, not looking for a top (yet). - See the DailyFX Economic Calendar for Tuesday, June 24, 2014. Bank of England Governor Mark Carney apparently took punishment for his Read More →

Talking Points Iraq conflict stirs crude oil volatility Gold to resume gains on USD weakness Platinum vulnerable to strike deal Crude oil may be in store for further volatility as ongoing unrest in the Middle East keeps traders on edge. Meanwhile, gold could resume Read More →

Talking Points: British Pound Awaits BOE Officials’ Testimony to Make its Next Move Euro to Look Through German IFO Data, Focus on ECB Commentary US Dollar Hoping for a Lifeline in Home Sales, Confidence Figures Bank of England monetary policy expectations are in focus Read More →