Monthly archive July, 2014

- European Central Bank (ECB) to Keep Rates on Hold & Retain Dovish Tone - Will Governing Council Provide Further Details on Non-Standard Measures? Trading the News: European Central Bank (ECB) Interest Rate Decision The EUR/USD may struggle to maintain the rebound from Read More →

Talking Points: - GBPUSD on way to 100% fib extension target of 1.7228. - GBPCHF and EURGBP begin flag breakouts. - See the DailyFX Economic Calendar for Wednesday, July 2, 2014. The UK economy heated up at the end of the second quarter, setting Read More →

Talking Points Crude to take guidance from inventories and Iraqi supply concerns Gold and silver at a crossroads ahead of US labour market figures Platinum breaks out as supply disruption fears linger following strike Crude oil continues to tease traders at the critical $105.00 Read More →

Talking Points: British Pound Eyeing UK Construction PMI to Drive BOE Policy Outlook US Dollar Looks to ADP Data, Yellen Comments to Set the Stage for NFP Australian Dollar Drops in Asia on Disappointing Trade Balance Report The economic calendar is quiet in European Read More →

Talking Points: Dollar Suffers Another Bout of Selling Led by AUDUSD British Pound Extends Run Despite BoE Warning Euro Generating Limited Gains on Strong Periphery Bond Demand Dollar Suffers Another Bout of Selling Led by AUDUSD The Dow Jones FXCM Dollar Index (ticker = USDollar) Read More →