Menu

Monthly archive November, 2015

Three Factors Warn of Perfect Storm in FX Markets – Caution Advised

- The end of the calendar year typically sees an important liquidity crunch, but this year may be worse - A confluence of three critical factors warns of especially elevated financial risk - Traders should be wary of holding or entering large Read More →

USD/CAD Continues to Coil Despite Sticky Canada CPI, Oil Rebound

Talking Points: - USD/CAD Preserves Bullish Formation Despite Sticky Canada CPI, Oil Rebound. - AUD/USD Climbs to Fresh Monthly High- RBA Governor Stevens in Focus . - USDOLLAR to Mount Larger Rebound in Strong 3Q GDP Report. For more updates, sign up for David's Read More →

The Euro: From Whatever it Takes to Whatever it Must

Talking Points: - The European Central Bank has a pivotal meeting on December 3rd, where many are expecting the bank to increase or extend their QE-program. - This is the most recent salvo from the ECB in an attempt to solve a Read More →

Draghi’s Dovish Reminder Keeps EUR/USD Downtrend Intact

Talking Points: - EUR/USD turns back from daily 8-EMA. - Draghi's comments reminiscent of "whatever it takes" in July 2012. - See the November forex seasonality report that forecasts US Dollar strength. We're almost fully through a week dotted with central bank events, culminating Read More →

USD/CAD to Threaten Monthly High on Soft Canada CPI Report

- Canada’s Headline Consumer Price Index (CPI) to Hold Steady at Annualized 1.0% for Second-Month. - Core Rate of Inflation to Slow to 2.0%- Lowest Reading Since July 2014. For more updates, sign up for David's e-mail distribution list. Trading the News: Canada Read More →

Euro Looks to ECB Comments to Inform QE Expansion Bets

Talking Points: Euro Eyeing ECB Comments to Inform QE Expansion Probability, Mechanics New Zealand Dollar Gains After Yields Jump at 2027 Government Bond Sale See Economic Releases Directly on Your Charts with the DailyFX News App A quiet data docket through the end of Read More →