Monthly archive March, 2015

- Annualized 2.5% Expansion in Australia 4Q GDP Would Mark the Slowest Rate of Growth for 2014. - Will RBA Governor Glenn Stevens Deliver Additional Rate Cuts in 2015? For more updates, sign up for David's e-mail distribution list. Trading the News: Australia Read More →

Talking Points USDCAD coiled up heading into major event risk this week Scalps favor shorts sub-1.2524 (weekly opening range break to validate) Key Event Risk on Tap USD/CAD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook USDCAD consolidation in focus ahead of major event risk, March Read More →

Talking Points: - GER30 Bearish Outside Day May Force Larger Pullback Ahead of ECB Meeting. - GBP/USD 1.5300 Support in Focus Ahead of BoE Interest Rate Decision. - USDOLLAR Struggles Ahead of ADP Employment, ISM-Non Manufacturing. For more updates, sign up for David's e-mail Read More →

Talking Points: - March begins stretch of mostly bearish trading for USD in QE era. - S&P 500 in last two-months of bullish stretch of year. - The Japanese Yen typically has suffered in March during the QE era. See the full rundown of Read More →

Talking Points: - EUR strength post-CPI lost; GBPUSD nears key EMA support. - USDCAD triangle breakout contingent on Canadian GDP today. - See the DailyFX Economic Calendar for Tuesday, March 3, 2015. Event risk is heavy the next few days, although today may be Read More →