Monthly archive April, 2015

Talking Points: - NZD/USD Hit by Dovish RBNZ Comment- Bullish Momentum at Risk. - USD/CAD Risks Fresh Monthly Lows Amid Series of Lower-Highs. - USDOLLAR Outlook Mired by Fed Uncertainty; 11,950 Support in Focus. For more updates, sign up for David's e-mail distribution list. NZD/USD Chart Read More →

- U.K. Retail Sales to Increase for Second Consecutive Month in March. - Will Lower Energy Prices Continue to Boost Private-Sector Spending? Trading the News: U.K. Retail Sales Another 0.5% expansion in U.K. Retail Sales may prompt a larger rebound in GBP/USD as Read More →

Global yields have plunged over the past years largely on the basis of exceptionally accommodative monetary policy by the world’s largest central banks. As the Fed weighs in on the merits and timing of policy normalization, the conversation of extremely Read More →

Talking Points: Eurozone PMIs May Prove More Market-Moving for the Pound vs. the Euro NZ Dollar Slumps as RBNZ’s McDermott Talks Down Rate Hike Possibilities Franc Corrects Higher After Yesterday’s Aggressive SNB-Inspired Decline The preliminary set of April’s Eurozone PMI figures headlines the economic Read More →

Talking Points GBPJPY breakout scalps in focus- near-term resistance 181.00/13 Long scalps favored above 179 Event Risk on TapThisWeek GBP/JPY Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPJPY breaches confluence slope resistance- breakout Key near-term resistance at 181.00/13 Subsequent resistance objectives at 182.60 & 183.96-184.26 Support at former Read More →