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Monthly archive September, 2015

Oil, Copper Pares ECB-Induced Gains, Gold Weak into Non-farm Payrolls

Talking Points: Rally due to European Central Bank’s QE expansion quickly subsided before Non-farm Payrolls Oil sensitive to macro, awaits employment data and subsequent USD moves Copper bearish coming up to US data Gold saw progressive outflows, expects volatility with USD swings The European Central Read More →

US Dollar, Yen May Rise as Commodity Currencies Fall on US Jobs Data

Talking Points: US Dollar, Yen May Rise as Payrolls Data Fuels Fed Rate Hike Speculation Australian, Canadian and NZ Dollars Drop as Risk Aversion Returns in Asia See Economic Releases Directly on Your Charts with the DailyFX News App Risk aversion returned in Asian Read More →

Euro Tumbles on European Central Bank Commentary, Risks to Downside

- Euro tumbles following disappointing European Central Bank commentary - Short-term forecasts now favor further Euro weakness - Follow real-time news update via the Forex Real Time News page The Euro fell sharply as European Central Bank President Mario Draghi announced lower growth Read More →

EUR-, USD-pairs Anxiously Await ECB Today, US NFPs Tomorrow

Talking Points: - EURUSD trades near rising TL from August lows ahead of ECB. - AUDUSD, USDCAD consolidate amid trending markets. - See the September forex seasonality report. The end of the first week of the month is usually exciting, with a central bank Read More →

September Forex Seasonality Sees Chance for Big Moves in USD-pairs

Talking Points: - September has produced some of the largest monthly ranges for USD-pairs. - EURUSD and GBPUSD have alternated between gains and losses the past four years. - September marks the first of four consecutive months of gains for the S&P 500. See Read More →

EUR/USD Bullish Setup at Risk on Larger/Longer ECB QE Program

- European Central Bank (ECB) to Keep Rates on Hold, Retain EUR 60B QE Program. - Will ECB President Mario Draghi Endorse Expansion/Extension of Asset-Purchases? For more updates, sign up for David's e-mail distribution list. Trading the News: European Central Bank (ECB) Interest Read More →