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EUR/USD to Face Larger Rebound on Dismal 4Q U.S. GDP

- U.S. Economy to Expand for Third Straight Quarter in 2014. - Personal Consumption to Grow 4.0%- Would Mark Biggest Advance Since 4Q 2010. Trading the News: U.S. Gross Domestic Product (GDP) The advance U.S. 4Q Gross Domestic Product (GDP) report may generate Read More →

Dollar a Carry Candidate or Safe Haven in GDP Response?

Talking Points: Dollar a Carry Candidate or Safe Haven in GDP Response? Euro to Measure Severity in Deflation, Traders Still Watching Greek Headlines Australian Dollar: Is the RBA Ready for a Rate Hike Next Week? Dollar a Carry Candidate or Safe Haven in GDP Read More →

EUR/USD Rebound in Focus as Retail FX Crowd Turns Net-Short

Talking Points: - EUR/USD Risks Larger Rebound as Retail FX Turns Net-Short; RSI in Focus. - AUD/USD Oversold Ahead of RBA Amid Growing Bets for Rate Cut. - USDOLLAR to Face Advance 4Q Gross Domestic Product (GDP) Report. For more updates, sign up for Read More →

Scalping EURAUD Breakout- Longs Favored Above 1.44

Talking Points EURAUD opening range shift focus higher Rally targeting near-term resistance at 1.4650 Event Risk on Tap EUR/AUD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURAUD weekly opening range break puts long-scalps in play Topside resistance objectives at 1.4547- bearish invalidation (note 2013 ML in Read More →

EUR/USD Tests 6-Week Trend as SNB Meddles with EUR/CHF

Talking Points: - EURUSD tests strength of trend since December 17. - NZDUSD breakdown eyes move towards 0.7100. - See the DailyFX Economic Calendar for Thursday, January 29, 2015. Traders are grappling with a seemingly contradictory FOMC statement, the RBNZ's neutral pivot, and potential Read More →

Euro May Overlook Soft German CPI Data, Swiss Franc Under Fire

Talking Points: Euro Unlikely to Find Potent Catalyst in Weak German Inflation Figures Swiss Franc Pressured, NZ Dollar and Yen in Corrective Mode Overnight See Economic News Directly on Your Charts with the DailyFX News App January’s preliminary set of German CPI figures headlines Read More →