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Monthly archive February, 2016

Risk Assets Ride on Oil Winning Streak while Gold Pares Gains

Talking Points: Gold was hammered by the flight out of safe havens Oil sustained rising streak while news of production cuts unfold Copper advanced further as China sets yuan high and boosted new loans The rally of risk assets may prolong throughout this week Read More →

Chinese Top Officials Commented on FX and Equity Markets After Reopen

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 central Read More →

Oil and Metals Join the Risk Rebound while Gold Loses Out

Talking Points: Gold weakened as China reopen facilitated risk buying in Asia Oil bounced to $30 along with risk rebound, despite weak fundamentals Copper rallied to potential demand as yuan appreciated Gold price declined from 1250 area to around 1210 today as risk assets Read More →

Further Euro Strength Suspect as Data Deteriorates; ECB Very Likely to Act

Further Euro Strength Suspect as Data Deteriorates; ECB Very Likely to Act
Fundamental Forecast for EUR/USD: Neutral - EUR/USD’s technical bias has thus far led to higher exchange rates… - …but there’s little reason to trust Read More →

Forex Weekly Forecast: Dollar is the Big Loser until this Changes

Tensions are running high as the S&P 500 hits its worst streak since the heights of the Global Financial Crisis. But all hope is not lost—we’re keeping an eye on these key themes in the big week ahead. US Dollar Forecast Read More →

US Dollar in Danger of Further Losses – Here are the Key Risks

US Dollar in Danger of Further Losses – Here are the Key Risks
Fundamental Forecast for Dollar: Neutral DJ FXCM Dollar Index nears major technical break for these reasons Yet fundamental data suggests the US Dollar Read More →