Monthly archive December, 2014

Talking Points: - Permanence of EURUSD break in question due to heavy event risk. - AUDUSD achieves double top measured move near 0.8385. - See the 'high' importance events on the DailyFX Economic Calendar. See the above video for technical considerations in EURUSD, GBPUSD, Read More →

Talking Points Crude Oil Awaits Inventories Data As Supply Glut Concerns Persist Natural Gas Extends Declines As Supportive Weather Speculation Fades Quarterly Forecast: Gold RemainsVulnerable To USD Strength The precious metals are witnessing a mixed session in early European trading today as their US Read More →

Talking Points: Aussie, Kiwi Dollars Drop After Disappointing Australian 3Q GDP Report British Pound Looks to Composite PMI Data to Inform BOE Policy Outlook US Dollar May Rise as Upbeat Fed Beige Book Keeps Rate Hike Bets Alive The Australian Dollar underperformed in overnight Read More →

Talking Points: Dollar Advances as Commodity Recovery Stalls, ADP and Beige Book Ahead British Pound Could Lose Further Rate Ground if Autumn Statement Soft Euro Traders Should Look Beyond the ECB’s Stimulus Plans Dollar Advances as Commodity Recovery Stalls, ADP and Beige Book Ahead As Read More →

- Australia Economy to Grow Another Annualized 3.1% in Third-Quarter. - 3Q GDP of 0.7% Would Mark the Second Uptick for 2014. Trading the News: Australia Gross Domestic Product (GDP) Australia’s 3Q Gross Domestic Product (GDP) report may spark a near-term rebound in Read More →