Monthly archive February, 2016

This daily digest focuses on market sentiment, new developments in China’s foreign exchange policy, changes in financial market regulations and Chinese-language economic coverage in order to keep DailyFX readers up-to-date on news typically covered only in Chinese-language sources. - China’s foreign Read More →

Talking Points - The US Dollar put in a significant move of weakness after dovish comments from Mr. William Dudley of the New York Fed were construed to mean lower probabilities of deeper rate hikes in 2016. - After these comments, markets Read More →

Talking Points: Majors flat in Asia as markets digest largest US Dollar drop in nearly a year Bank of England rate decision, MPC minutes, Inflation Report in focus ahead Steep skew in Pound positioning hints risk of sharp rally greater vs. alternative Currency markets Read More →

- Bank of England (BoE) to Retain Current Policy on ‘Super Thursday.’ - Will the BoE Highlight Greater Risk of Overshooting Long-Term Inflation Target? For more updates, sign up for David's e-mail distribution list. Trading the News: Bank of England (BoE) Interest Rate Read More →

Talking Points: Gold surged on weak USD and lessening chances of Fed rate hikes in 2016 Oil erased this week’s losses with a rally on the back of USD slump Copper sustained climb thanks to risk-on sentiment and China stimulus Oil price rallied 11.5 Read More →

Talking Points GBPUSD Breakout approaching initial resistance hurdle Updated targets & invalidation levels Event Risk on Tap This Week GBPUSD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook: Sterling made a breach of the weekly opening-range highs today with the rally now eyeing confluence resistance Read More →