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Monthly archive August, 2014

AUD To Remain Resilient Amid Drive To Yield and Void of Local Data

AUD To Remain Resilient Amid Drive To Yield and Void of Local Data
AUDUSD [2 HR – 08/22/2014] Chart created using FXCM Marketscope Fundamental Forecast for Australian Dollar: Neutral AUD/USD Consolidates As Dovish Policy Bets Diminish Read More →

Japanese Yen at Make-or-Break Levels Ahead of Key Data

Japanese Yen at Make-or-Break Levels Ahead of Key Data
Japanese Yen at Make-or-Break Levels Ahead of Key Data Fundamental Forecast for Yen: Bearish US Dollar might finally be breaking versus Japanese Yen USDJPY resistance extends into ¥104.30 Read More →

USD/JPY Clears April High on Yellen- AUD/USD Continues to Eye 0.9200

Talking Points: - USD/JPY Clears April High (104.11) Even as S&P 500 Remains Capped by 1,994 - AUD/USD Risks More Meaningful Run at 0.9200 Support Amid Range-Bound Prices - USDOLLAR Rebounds From 10,615 as Fed Chair Yellen Adopts More-Neutral Tone For more updates, sign Read More →

EUR/USD, USD/JPY Ready for Yellen, Draghi Jackson Hole Speeches

Talking Points: - Below 1.3335, EURUSD is exposed to 1.3095. - If rejected at 103.85/90, USDJPY needs to hold 103.05/10. - US Dollar strength in August shouldn't surprise - it's a seasonally strong month. With no Wall Street economists invited to this year's Jackson Read More →

Gold Braces For Volatility Ahead of Yellen, Crude Oil Consolidates

Talking Points Crude Oil Drifting As Traders Look Past Iraqi Turmoil Precious Metals Prep For Volatility On Jackson Hole Silver At A Crossroads Near Trendline Resistance Crude oil is treading water during the Asian session with a lack of major catalysts ahead potentially setting Read More →

USD/CAD to Eye Downside Targets on Sticky Canada Core Inflation

- Canada Headline Inflation to Hold Above 2.0% for Fifth Consecutive Month. - Core Consumer Price Index of 1.9% Would Mark Fastest Pace of Growth Since June 2012. Trading the News: Canada Consumer Price Index (CPI) Despite expectations for a downtick in Canada’s Read More →