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Monthly archive October, 2015

Soft Data, Weak Seasonality Trends Undermining USD

Talking Points: - AUDUSD, NZDUSD rally higher, AUDUSD at top of triangle. - Commodity bloc boosted as metals, energy prices rise. - See the October forex seasonality report that favors US Dollar weakness. The latest bout of USDOLLAR Index weakness is absent of the Read More →

NZ Dollar Gains as Dairy Price Jump Cools RBNZ Rate Cut Bets

Talking Points: NZ Dollar Gains as Dairy Price Jump Weighs Against RBNZ Rate Cut Bets Yen, Euro May Weaken as Commodity Dollars Firm on Swelling Risk Appetite See Economic Releases Directly on Your Charts with the DailyFX News App The New Zealand Dollar outperformed Read More →

Oil Jumps on Falling Stock, Output; Gold Leaps as IMF Lowers Growth

Talking Points: Oil rallies amid stockpile drop, falling rig count, talks of production cuts Gold leaps on IMF’s global growth downgrade, China’s reserve demand Copper props up with risk assets although dampened by IMF’s forecast Commodities benefited from US dollar weakness and a risk Read More →

Is a Rate Expectations Floor Keeping the USD Afloat?

Talking Points: - Probability of a rate hike in 2015 has dipped to around 30%. - If a bottom in rate expectations is near, then USD may turn higher. - See the October forex seasonality report that favors US Dollar weakness. Relative to expectations, Read More →

Euro, Yen May Rise if Fed Comments Rekindle 2015 Rate Hike Bets

Talking Points: Euro, Yen May Rise if Fed Comments Rekindle 2015 Interest Rate Hike Bets Aussie Dollar Gains as RBA Keeps Cash Rate at 2%, Maintains Neutral Bias See Economic Releases Directly on Your Charts with the DailyFX News App A relatively quiet economic Read More →

Upbeat RBA to Fuel AUD/USD Advance; 0.7220-40 Resistance in Focus

- Reserve Bank of Australia (RBA) Widely Anticipated to Keep Cash Rate at 2.00%. - Will Governor Glenn Stevens Continue to Endorse Wait-and-See Approach? For more updates, sign up for David's e-mail distribution list. Trading the News: Reserve Bank of Australia Interest Rate Read More →