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EUR/USD to Eye Resistance on Upbeat German Unemployment Report

- German Unemployment to Contract for Fifth Consecutive Month in February. - Jobless Rate to Hold at Record-Low of 6.5% for Second Month. Trading the News: German Unemployment Change Another 10K contraction in German Unemployment may encourage a near-term rebound in EUR/USD as Read More →

EURUSD Technicals Back in Focus- February Opening Range Setup

Talking Points EURUSD monthly opening range in focus Weekly opening range takes shape above near-term support Key Event Risk on Tap EURUSD Weekly EUR/USD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURUSD initial monthly opening range remains intact 1.1270-1.1532(highlighted region) Break to validate medium-term bias / next Read More →

GBP/USD Continues to Test Resistance- NZD to Face RBNZ’s Wheeler

Talking Points: - GBP/USD Continues to Test Near-Term Resistance as BoE Retains Hawkish Forward-Guidance. - NZD/USD Weighed by Falling Inflation Expectations- RBNZ Testimony in Focus. - USDOLLAR Holds Range, Retains Bearish RSI Momentum as Yellen Fails to Surprise. For more updates, sign up for Read More →

Central Bank Commentary to Provide Spark for USD, GBP, CAD

Talking Points: - BoE's Carney, Weale testify on hawkish terms, keep GBP lifted. - USDCAD breakout taking shape ahead of Poloz, Yellen. - Canadian, US data and events are in spotlight for FX traders this week. Central bankers from the G7 are out on Read More →

Pound May Rise as US Dollar Falls on Bank of England, Fed Testimony

Talking Points: British Pound May Rise as BOE Testimony Fuels Rate Hike Speculation US Dollar Disproportionately Vulnerable to Losses on Yellen Comments RBNZ Survey Puts Inflation Outlook at 15-Year Low, Sinks Kiwi Dollar Bank of England monetary policy expectations will be in focus in Read More →

USD, CAD Data in Spotlight with Fed’s Yellen, BoC’s Poloz Speeches

Talking Points: - Tuesday: Fed’s Yellen testifies in front of Congress; BoC’s Poloz speaks in Ontario. - Thursday: UK GDP (4Q), Canadian CPI (JAN), US Durable Goods and CPI (JAN). - Friday: US GDP (4Q). With Greece now reviewing the terms of its four-month Read More →