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Monthly archive December, 2014

Caution Holding Euro, USD, and Yen Positions as Borrowing Costs Rise

- The year-end threatens a liquidity crunch in US Dollar lending markets - Past quarter-ends have provided similar crunches, produced elevated borrowing costs - Traders should be wary of holding outsized positions into the year-end The end of the calendar year threatens to Read More →

AUD/USD Exhaustion Trade- Shorts at Risk Above 8064

Talking Points AUDUSD coming into key support region Shorts at risk above 8064-8120 Event risk on tap next week AUD/USD Weekly Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDUSD coming into key support threshold / inflection range 8065-8118 Region defined by the 1.618% ext off the 2011 Read More →

USD/CHF Threatens Long-Term Bearish Trend on Negative SNB Rate

Talking Points: - USD/CHF Threatens Long-Term Bearish Trend as SNB Pushes Deposit Rate Into Negative Territory. - USD/JPY Struggles to Hold Above 119.00 Handle Ahead of BoJ Interest Rate Decision. - USDOLLAR Monthly Range in Focus Post-FOMC; Dollar to Act as Carry Currency? For Read More →

Dollar Rally Post-FOMC Bolstered by Surprise FOMC Action

Talking Points: - USDCHF bursts to fresh yearly highs after SNB goes negative. - USDJPY back in uptrend, but yet to clear recent swing highs. - December forex seasonality foresaw a modestly weaker Euro. Central banks have been quite active over the past 24-hours. Read More →

Swiss Franc Sinks as SNB Surprises with Negative Interest Rates

Talking Points: Swiss Franc Sank After SNB Unexpectedly Unveiled Negative Interest Rates US Dollar May Turn Lower as Markets Rethink FOMC Outcome Implications See Economic Releases Directly on Your Charts with the DailyFX News App The Swiss Franc slumped after the Swiss National Bank Read More →

Crude Recovery May Be Limited, Natural Gas Braces For Storage Data

Talking Points Crude Oil Recovery May Prove Limited As Supply Glut Story Persists Gold Faces A High Threshold For A Recovery In The FOMC Aftermath Quarterly Forecast: Gold RemainsVulnerable To USD Strength Gold slumped on Wednesday as its pricing currency the USD gained on Read More →