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Monthly archive March, 2016

Gold Price Lifted by ECB Easing Package, Oil, Copper Price Rally

Talking Points: Gold price reached up after ECB’s rate cuts and heightened market volatility Oil pricejoined risk rally to break above 38.36 resistance Copper price sustained above support trend line in today’s mild recovery At March meeting, ECB cut deposit, refinancing and margin lending Read More →

AUD/CHF Deeper Sell-Off to Offer Favorable Entries

Talking Points AUD/CHF posts outside-day reversal off December high Immediate focus lower- broader bullish invalidation 7060 Updated targets & invalidation levels AUDCHF Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook: AUDCHF posted a massive outside-day reversal off the December high today with the decline eyeing Read More →

Banking and Insurance Regulators Address China’s Non-Performing Loans

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 →

ECB Cuts All 3 Key Rates, Increases QE by EUR 20B per month

ECB Cuts All Three Rates and Increases QE by €20 Billion a Month The European Central Bank announced this morning that they would cut all three of the benchmark (to zero), marginal lending (also to zero) and deposit rates (to -.4%); Read More →

Preview for ECB Meeting and Implications for EUR-crosses

Talking Points: - Euro will only stay lower if the ECB unloads its 'bazooka.' - Join me today at 12:30 GMT for live coverage of the ECB meeting. - As FX market volatility stays elevated, it's a good time to review risk management Read More →

Fiscal Deficit, Housing Leverage Higlight NPC Sessions

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 →