Monthly archive December, 2014

Talking Points Crude Oil May Remain Under Pressure If Inventories Data Feeds Supply Glut Concerns Gold Faces Substantial Event Risk On The Back Of The Upcoming December Fed Decision Quarterly Forecast: Gold RemainsVulnerable To USD Strength The Brent benchmark stole the limelight in recent Read More →

Talking Points: - GBP/USD Threatens Range Despite Soft U.K. CPI- BoE Minutes in Focus. - NZD/USD Continues to Carve Lower-Highs Ahead of Widening Current Account Deficit. - USDOLLAR Fails to Retain Bullish RSI Momentum Ahead of FOMC Meeting, Yellen Press Conference. For more updates, Read More →

Talking Points: Russian Ruble continues to plummet versus US Dollar Central Bank of Russia hikes rates to 17% to control devaluation, inflation risks Economy Minister of Russia says not considering currency controls, but risks remain Ruble Continues to Plummet Despite Fresh Interest Rate Hike Read More →

Talking Points: - USDRUB screams through 70 for first time on oil near $54/brl. - EURUSD wedge gains momentum higher. - December forex seasonality foresaw a modestly weaker Euro. There may be carnage in parts of the commodity currency complex, but the broader impact Read More →

- U.K. Consumer Price Index (CPI) to Slip to 1.2%- Lowest Reading for 2014. - Core Rate of Inflation to Hold at Annualized 1.5% for Third Straight Month. Trading the News: U.K. Consumer Price Index A downtick in the U.K.’s Consumer Price Index Read More →

Talking Points: US Dollar Corrected Lower in Overnight Trade, Loonie in the Lead Ruble Bounce on Surprise Russia Interest Rate Hike Unlikely to Last UK CPI May Weigh on British Pound, Euro to Look Past PMI Data The US Dollar corrected lower in overnight Read More →