Monthly archive November, 2015

Talking Points: US Dollar Drops as Fed Meeting Minutes Cast Doubt on December Rate Hike On-Coming Fed-Speak May Encourage Rethink of Imminent “Liftoff” Chances TrackEconomic Releases Directly on Your Charts with the DailyFX News App The US Dollar underperformed in overnight trade amid continued Read More →

Talking Points: Expectation of short-term gold price falls below spot as Fed’s hike becomes imminent Oil stays in range with added pressure from Cushing stock build Copper spirals to new 6-year low in line with faltering demand and strong USD Gold made a small Read More →

- U.K. Retail Sales Projected to Contract for Fifth Time in Last Ten-Months. - Will a Slowdown in Private-Sector Consumption Spur an Ongoing 8-1 Split Within the BoE? Trading the News: U.K. Retail Sales A 0.6% contraction in U.K. Retail Sales may dampen Read More →

- Federal Open Market Committee (FOMC) Minutes Expected to Endorse December Liftoff. - Will USD Strength Become a Growing Concern for Fed Officials? Trading the News: Federal Open Market Committee (FOMC) Minutes Despite the ongoing 9 to 1 split within the Federal Open Read More →

- In a statement at the Asia-Pacific Economic Cooperation yesterday, Chinese President Xi Jinping warned that the Chinese economy faces ‘considerable downward pressure.’ - Commodity prices continue to bleed, as Gold set a new 5.5-year this morning, and Copper prices continue Read More →

Talking Points: - EUR/USD continues to track the daily 8-EMA lower. - Fed's October policy statement's evolution from September important. - See the November forex seasonality report that forecasts US Dollar strength. Later today at 14:00 EST/19:00 GMT, the Federal Reserve will release the Read More →