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Monthly archive January, 2016

EUR/USD Eyes 1.0900 Despite Mixed Euro-Zone Data

Talking Points: - EUR/USD Mounts Larger Rebound Despite Mixed Euro-Zone Data; 1.0900 in Focus. - USD/CAD RSI Divergence Takes Shape Ahead of Canada Employment Report. - USDOLLAR to Threaten Range on Strong NFP, Faster Wage Growth. For more updates, sign up for David's e-mail Read More →

The Butterfly Effect: 29 Minutes in China Creates Panic Around the World

Talking Points - Panic is spreading through global financial markets, and last night saw even more chaos out of Asia. A circuit breaker was hit shortly after the open of Chinese equity trading, and minutes after the break ended, a full Read More →

No Rest for the Weary as Commodity FX Slide Continues

Talking Points: - AUD/USD begins breaking out of its five-month long triangle. - JPY-crosses remain well-supported by risk-off flows. - See upcoming event risk for FX markets. Good news is bad news again. In the "what's good data is bad news" world, any indication Read More →

Gold Jumps; Oil, Copper Plunge with Risk Assets after Yuan Devaluation

Talking Points: Another weak yuan fix today triggered broad risk-off, led to closing of exchanges in China Gold rallied on safe haven buying amid stock and risk rout Oil slump was accelerated by statistics of the biggest gasoline build since 1993 Copper stayed resilient Read More →

EUR/USD Risks Larger Recovery on Upbeat Euro-Zone Retail Sales

- Euro-Zone Retail Sales to Expand for First Time Since July. - Will Signs of a Stronger Recovery Encourage the ECB to Adopt an Improved Outlook? For more updates, sign up for David's e-mail distribution list. Trading the News: Euro-Zone Retail Sales A rebound Read More →

Yen Gains, Aussie Falls as China Weakens Yuan Most Since August

Talking Points: China Devalues Yuan By Most Since August, Triggers Burst of Risk Aversion US Dollar Eyeing Fed-Speak as 2016 Rate Hike Path Speculation Continues Gauge Trends and Spot Reversals in Leading Currencies with DailyFX SSI China has triggered another sharp burst of risk Read More →