Monthly archive March, 2015

Talking Points: Aussie Dollar Soars After RBA Unexpectedly Leaves Rates Unchanged NZ Dollar Higher on Upbeat Commodity Exports, House Price Figures British Pound May Not Find Support in Upbeat Construction PMI Data The Australian Dollar outperformed in overnight trade, rising as much as 0.7 Read More →

- Reserve Bank of Australia (RBA) Expected to Cut the Cash Rate by Another 25bp to 2.00%. - Will RBA Governor Glenn Stevens Highlight a Dovish Forward-Guidance for Policy? For more updates, sign up for David's e-mail distribution list. Trading the News: Reserve Read More →

Talking Points: - Tuesday: RBA meeting; near 60% chance of cut priced in. - Thursday: BoE and ECB to meet, although minimal chance of any action. - Friday: US Nonfarm Payrolls expected to confirm twelfth consecutive month of +200K jobs growth. FX volatility has Read More →

Talking Points: - AUD/USD Retail Crowd Turns Net-Long Ahead of RBA Interest Rate Decision. - USD/CAD Continuation Pattern Remains in Focus Going Into BoC Policy Meeting. - USDOLLAR Breaks Resistance- Topside Targets Remain on Radar Despite Mixed U.S. Data. For more updates, sign up Read More →

Topics Covered Major Event Risk on Tap This week - RBA, ECB, BoE & NFP Key levels on respective pairs as we open up the month Gold, USDOLLAR monthly opening ranges in focus Other Setups in Play USD/JPY Scalp Targets 119.64 Resistance Ahead of GDP Scalping Read More →