Monthly archive June, 2014

Talking Points: Dollar Slumps Despite ‘Academic’ Improvement in Data British Pound Traders Await Carney’s Testimony on Forward Guidance Euro Slips as PMI Figures Reflect More Reason for Stimulus Dollar Slumps Despite ‘Academic’ Improvement in Data There is frequently a difference between how the textbooks say Read More →

- Major pairs offer trade opportunities – buying at support, selling near resistance - Our bias changes on Yen if these levels give way - Watch the Commodity Bloc as the Canadian, Australian, and NZ Dollars make a run Forex volatility continues to Read More →

Talking Points: - Euro walks back after weaker than expected PMI data. - EURUSD eyes 1.3585 close, EURJPY targets 138.05. - June seasonality still working against the buck, however. Weaker than expected June PMI data from across the Euro-Zone has helped drop the Euro Read More →

Talking Points Crude oil and gold to receive a lift from ongoing unrest in Iraq WTI faces further gains on upside surprises to incoming US data Copper finds further fuel on positive Chinese Manufacturing data Elevated geopolitical tensions could continue to act as a Read More →

Talking Points: Aussie, NZ Dollars Rise as Chinese Manufacturing PMI Data Tops Forecasts Euro May Look Past PMI Data Set, Focus on Commentary from ECB Officials US Dollar Looking to Home Sales, PMI Data to Reignite Upward Momentum The Australian and New Zealand Dollars Read More →