Monthly archive February, 2016

Talking Points: Gold advanced after Chinese PMI and mixed US/Eurozone data prompted economic concerns Oil weakened as OPEC production cuts seemed farfetched Copper consistently traded sideways amid lower volume prior to Lunar New Year Gold price advanced to the highest since November 2015 amid Read More →

- Reserve Bank of Australia (RBA) Expected to Keep Official Cash Rate at 2.00%. - Will Governor Glenn Stevens Keep the Door Open for Lower Borrowing-Costs? Trading the News: Reserve Bank of Australia Interest Rate Decision According to a Bloomberg News survey, 28 Read More →

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. - Chinese media Read More →

Talking Points Weekly webinar covering featured scalp setups Updated targets & invalidation levels Event Risk on Tap This Week EURAUD 30min Chart Created Using FXCM Marketscope 2.0 Notes: EURAUD has continued to hold above the 1.5298-1.5325 barrier discussed last week. The pair broke above the upper Read More →

Talking Points: - Another rocky piece of Chinese data printed as Chinese PMI hit a new 3-year low. We discussed the difficulty in dealing with Chinese data in our recent special report, and this most recent set of PMI prints further Read More →

Talking Points: - USD/JPY holding higher as Nikkei 225 rallies further. - US economic calendar supersaturated this week. - Follow trader sentiment in USD/CAD with live DailyFX SSI updates. There's no other way to put it: the Bank of Japan has effectively implemented a Read More →