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Monthly archive September, 2014

AUD/USD to Eye 0.9200 Support on Dismal 2Q GDP Report

- Australia GDP of 0.4% Would Mark the Slowest Pace of Growth Since 1Q 2013. - Economic Activity is Expected to Slow from the Highest GDP Print Since 1Q 2012. For more updates, sign up for David's e-mail distribution list. Trading the News: Read More →

Critical Week for the US Dollar – Can it Really Go Higher?

- US Dollar eyes huge week and stands at key inflection point - It’s a potentially big week for financial markets as a whole given clear market cycles - We see material risk of a EURUSD bounce The US Dollar starts the North Read More →

Bearish GBP/USD Pattern in Focus- USD/CAD to Target 1.1000?

Talking Points: - GBP/USD Retains Descending Channel Ahead of BoE; March Low (1.6458) on Horizon? - USD/CAD to Test 1.1000 on Dovish BoC; Lower-High in Place? - USDOLLAR Remains Overbought; Monthly Opening Range in Focus. For more updates, sign up for David's e-mail distribution Read More →

Gold Slides As US Dollar Bulls Return Following Holiday Lull

Talking Points Crude Oil Traders To Keep One Eye On Escalating Ukrainian Turmoil Gold Weighed On By A Stronger Greenback Despite Absence of Major Data Palladium Targeting 1,000 After Leaping Over The 900 an Ounce Hurdle US Dollar strength has weighed on gold in Read More →

US Dollar Looks to ISM Manufacturing Data to Fuel Continued Gains

Talking Points: US Dollar May Extend Advance if ISM Manufacturing Data Tops Forecasts Australian Dollar Ignores RBA Announcement with Fed Policy Bets in Focus See Economic Releases Directly on Your Charts with the DailyFX News App A relatively quiet economic calendar in European trading Read More →

Australian Dollar Confronts an RBA Decision with Heavy Speculation

Talking Points: Dollar Traders Look Ahead to a Rebound in Liquidity and Pick Up in Data Euro Economic Health Fades Further, Investors More Expectant of ECB Australian Dollar Confronts an RBA Decision with Heavy Speculation Dollar Traders Look Ahead to a Rebound in Liquidity Read More →