Monthly archive November, 2015

Summary: The Euro-weakness continues, as the clearest driver of prices across markets in the past six years, Central Bank support, is continuing to drive short-Euro positions. For traders that want to sell the Euro without taking on USD/Fed-risk, EUR/JPY may offer a Read More →

Talking Points: - EUR/USD rejects its daily 8-EMA, fades under $1.1000 again. - EUR/AUD eyes a retest of the recent A$1.5165/70 low. - See the DailyFX economic calendar for the week of November 1, 2015. The USDOLLAR Index may have tried to signal an Read More →

Talking Points: Pound May Overlook PMI Data as Traders Await BOE Policy Decision Euro and Franc Looking to ECB, SNB Commentary for Direction Clues Australian, NZ Dollars Rise on Fading RBA, RBNZ Rate Cut Chances UK Construction PMI data headlines the economic calendar in Read More →

Talking Points: Gold weakened further ahead of Bank of England’s meeting Oil sustains gains though downside risk looms with API report Copper rebounds as volatility wanes while Asian equities post gains Commodities gained across the board as Asia started the day with risk-on mood: Read More →

Talking Points The RBA has cut rates a few times this year, but recently the policy approach has been a warning Swaps show the market pricing in a 44% probability of a cut today Traders I polled in Twitter put the probability of Read More →

- Majority of Market Participants See Reserve Bank of Australia (RBA) Keeping Official 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 Read More →