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GBP/USD’s February Uptrend Holding Even After Weak CPI – Here’s Why

Talking Points: - Headline UK CPI sinks to an 'all-time low' of +0.3% - misleading. - Yearly core CPI rose for second month - BoE looks prescient. - See the February Forex Seasonality report and the implications for the majors. A quick scan of Read More →

Pound Looks to Core CPI for Rates Cues, Greece Woes Continue to Fester

Talking Points: British Pound to Overlook Headline UK CPI, Take Cues from Core Figures Greece Woes Remain in Focus as EU Finance Ministers Convene in Brussels See Economic Releases Directly on Your Charts with the DailyFX News App January’s UK CPI figures are in Read More →

Euro, USDOLLAR at Behest of Recent Trends amid US Market Holiday

Talking Points: - EURUSD, AUDUSD pinned to daily 21-EMAs as key resistance. - GBPUSD could extend gains after correction to 1.5330/35. - See the February Forex Seasonality report and the implications for the majors. It's a market holiday in the United States so those Read More →

Euro, Yen Anxiously Waiting for Greece Negotiations Outcome

Talking Points: Greece Debt Woes in Focus as Eurozone FinMins Gather Anew in Brussels New Zealand Dollar Gains as News-Flow Underpins RBNZ Policy Outlook See Economic Releases Directly on Your Charts with the DailyFX News App All eyes are on Brussels to start the Read More →

Euro Volatility Here to Stay Irrespective of Near-term Headlines

Euro Volatility Here to Stay Irrespective of Near-term Headlines
Fundamental Forecast for Euro: Neutral - Short positioning in the Euro is nearing a three-year high, and is a major hurdle for more downside. - EURUSD initially Read More →

Weekly Trading Forecast: Dollar Strength, Greece Negotiations, BoE and BoJ Policy at Risk

Though there are fewer high-profile indicators on tap this week, a range of deeper fundamental currents are set to ignite volatility and perhaps even turn trends. US Dollar Forecast– Dollar Climb is Sputtering as Counterparts Raise the Stakes The Dollar’s relative fundamental Read More →