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Monthly archive August, 2014

USD/JPY Risks Larger Pullback as BoJ Refrains From Expanding QE

USD/JPY Risks Larger Pullback as BoJ Refrains From Expanding QE
Fundamental Forecast for Yen:Neutral USD/JPY Rallies as US GDP Rebounds Strongly in the Second-Quarter USD/JPY Attempting to Breakout For Real-Time SSI Updates and Potential Trade Setups on Read More →

British Pound Likely to Continue Lower Unless Bank of England Reacts

British Pound Likely to Continue Lower Unless Bank of England Reacts
Fundamental Forecast for Pound:Bearish British Pound breakdown looks like the real deal, further losses ahead Disappointing UK Manufacturing data sends the GBP to fresh lows Get Read More →

EUR/USD Marks Key Low Ahead of ECB; AUD/USD Capped by Former Support

Talking Points: - EUR/USD Rebounds Ahead of ECB Meeting; Bearish RSI Momentum in Focus - Watching Former Support on AUD/USD for Resistance; More Verbal Intervention from RBA? - USDOLLAR Fails to Test April High (10,572) as Non-Farm Payrolls (NFP) Disappoint Index Last High Low Daily Change (%) Daily Range Read More →

US Dollar Eases Back as July NFPs Disappoint High Expectations

Talking Points: - July NFPs miss slightly at +209K, Unemployment Rate drops to 6.2%. - US Dollar absorbs losses after ‘weaker’ data; payroll growth eclipses +200K for sixth straight month. - EURUSD holds below $1.3400, USDJPY flirts with ¥103.00. The July US Nonfarm Payrolls Read More →

EUR/USD to Eye 1.3300 on Strong Non-Farm Payrolls (NFP) Report

- U.S. Non-Farm Payrolls (NFP) to Increase 200+K for Sixth Straight Month. - Would Mark Longest String of 200+K Prints Since 1997 Trading the News: U.S. Non-Farm Payrolls (NFP) U.S. Non-Farm Payrolls (NFP) are anticipated to increase another 231K in July, and a Read More →

US Dollar May Correct Lower from 4-Month High on July Jobs Data

Talking Points: US Dollar May Turn Lower as July’s Jobs Report Falls Short of Forecasts British Pound Unlikely to Find Lasting Driver in Manufacturing PMI Data View Economic Data Releases on Your Charts with the DailyFX News App The spotlight is firmly pointed at Read More →