Monthly archive March, 2016

Talking Points: - Euro and Yen likely to move in same direction around NFPs. - Retail crowd continues to fade recent US Dollar selloff. - As market volatility rises, it's a good time to review risk management principles. It's the second US labor market Read More →

- U.S. Non-Farm Payrolls (NFP) to Expand Below 200K for Second Consecutive Month. - Average Hourly Earnings to Hold Steady at Annualized 2.5% for Second Month. For more updates, sign up for David's e-mail distribution list. Trading the News: U.S. Non-Farm Payrolls Another 195K Read More →

- U.S. ISM Non-Manufacturing Survey to Slow for Fourth Consecutive Month. - Reading of 53.0 Would Mark the Lowest Print Since February 2014. For more updates, sign up for David's e-mail distribution list. Trading the News: U.S. ISM Non-Manufacturing A further slowdown in the Read More →

Talking Points: Markets likely to be more responsive to upbeat vs. disappointing UK PMI data Strong results on 5-year UK bond sale hints traders looked past “Brexit” fears Yen fell as Aussie, NZ Dollars rose amid risk appetite recovery in Asian trade UK PMI Read More →

Talking Points: Gold saw inflows as investors took cover before major market events: NFP, ECB, BOJ, FOMC Oil edged up as falling output overshadowed huge stock build Copper continued rally alongside stocks and risk assets WTI oil price finds a reprieve in falling US Read More →

Talking Points Break of weekly opening range shifts focus lower Key near-term support 12123/31 Updated targets & invalidation levels USDOLLAR Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook: The Dow Jones FXCM U.S. Dollar Index (Ticker: USDOLLAR) is testing a near-term support confluence at 12154 Read More →