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Weakest CPI on Record Pushes GBP to Precipice of Breakdown

Talking Points: - GBPUSD fails to break through former support region. - EURGBP aims above 0.7400, GBPJPY nears breaking point. - See the March forex seasonality report for trends in the QE-era. Bank of England policymakers have been out in the media in recent Read More →

US Dollar, Pound May Fall as Soft Inflation Dents Rate Hike Bets

Talking Points: US Dollar, British Pound May Fall as Soft CPI Figures Dent Rate Hike Bets Limited ECB Policy Impact to Contain Euro Follow-Through on PMI Data See Economic Releases Directly on Your Charts with the DailyFX News App February’s UK CPI data headlines Read More →

GBP/USD Vulnerable to Slowing U.K. CPI- 1.4700 Support in Focus

- U.K. Consumer Price Index (CPI) to Slip to Record-Low of 0.1%. - Core Rate of Inflation to Slow to Annualized 1.3%- Lowest Since December 2014. Trading the News: U.K. Consumer Price Index A further slowdown in the headline and core U.K. Consumer Read More →

Webinar: Scalps Favor Dollar Correction- EUR/USD Eyes FOMC Highs

Talking Points Weekly DailyFX Scalp Webinar Archive covering featured setups Updated targets & invalidation levels ahead of key US data this week Event Risk on Tap NextWeek USDOLLAR Daily Chart Created Using FXCM Marketscope 2.0 Notes: We start off the week with the Dow Jones FXCM Read More →

EUR/USD Clears Bearish RSI Momentum- GBP to Face Slowing UK Inflation

Talking Points: - EUR/USD Threatens Bearish RSI Momentum Despite Dovish ECB Draghi. - GBP/USD Continues to Underperform; U.K. Inflation to Slow Further. - USDOLLAR Risks Larger Correction on Dismal CPI Report. For more updates, sign up for David's e-mail distribution list. EUR/USD Chart - Created Using Read More →

Why Might the Euro Trade Higher?

- US Dollar posts large bearish outside week reversal on key week - Evidence grows for a potentially significant EURUSD turnaround - High volatility prices keep us focused on our Breakout2 trading strategy Forex volatility prices remain high following a pivotal week for Read More →