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Markets Set Sights on Greece as Debt Standoff Enters Eleventh Hour

Talking Points: Traders Withhold Directional Conviction as Greece Debt Impasse Continues Euro Unlikely to Produce Strong Response to February Eurozone PMI Data See Economic Releases Directly on Your Charts with the DailyFX News App Currency markets were little-changed in the overnight session as traders Read More →

GBP/USD Bullish RSI Momentum Susceptible to Weak U.K. Retail Sales

- U.K. Retail Sales to Contract for First Time in Four Months. - Will Lower Energy Prices & Faster Job/Wage Growth Boost Consumption? Trading the News: U.K. Retail Sales A contraction in U.K. Retail Sales may spur a near-term pullback in GBP/USD as Read More →

GBPNZD Responds to Key Support- Scalps Target Resistance at 2.0550

Talking Points GBPJPY recovery in focus Near-term bias at risk sub-2.0550 Key Event Risk on Tap GBP/NZD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPNZD rebounds off key support 2.0287 – 2.0322 (broader bullish invalidation) Resistance 2.0624/26 (Sunday Gap) & February TL resistance Momentum reversal ahead of Read More →

Retail Crowd Remains Net-Short EUR/USD Ahead of Greek Bailout Talks

Talking Points: - EUR/USD Range Vulnerable as Greece Struggles to Secure Bailout Extension. - USD/CAD Rebound to Accelerate on Dismal Canada Retail Sales Report. - USDOLLAR Holds Tight Range Ahead of FOMC Minutes; Forward-Guidance in Focus. For more updates, sign up for David's e-mail Read More →

USDOLLAR Back in Pre-FOMC Range – Will Greece Deal Stoke EUR/USD?

Talking Points: - Greece seems close to caving on demands, seeks loan deal. - EURJPY, EURUSD triangulate against 21-EMAs, election TL. - See the February Forex Seasonality report and the implications for the majors. News about Greece's loan extension have been slowly hitting the Read More →

Euro Looks to First ECB Meeting Minutes for QE Management Clues

Talking Points: Euro Looks to First ECB Meeting Minutes Release for QE Dynamics Clues US Dollar Down as Markets Trim Fed Rate Hike Bets After FOMC Minutes See Economic Releases Directly on Your Charts with the DailyFX News App The US Dollar underperformed in Read More →