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GBP/USD to Mount Larger Rebound on Strong U.K. Labor/Wage Report

- U.K. Jobless Claims to Contract for 26th Consecutive Month in December. - Wage Growth to Pick Up for Fifth Month to Annualized Rate of 1.7%. Trading the News: U.K. Jobless Claims Change Another 25.0K contraction in U.K. Jobless Claims paired with an Read More →

AUDCAD Long Scalp Bias at Risk Ahead of 9928 Resistance, BoC Meeting

Talking Points AUD/CAD coming into key resistance zone On the lookout for near-term exhaustion high-Longs at risk sub-9912/27 Event Risk on Tap This Week AUD/CAD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDCAD posting outside day reversal just below key resistance 9912/27 Long scalps at risk Read More →

NZD/USD 0.7600 Support at Risk on Dismal 4Q New Zealand CPI

Talking Points: - NZD Fails to Benefit From Global Dairy Auction; 4Q CPI to Slow for Second Straight Quarter - USD/CAD Pushes Fresh Monthly Highs Ahead of Bank of Canada (BoC) Meeting. - USDOLLAR Range Remains at Risk as RSI Retains Bullish Momentum. For Read More →

T-Minus 2: Trade Ideas Before ECB Comes to Town

Talking Points: - EURUSD sustains move below 5-, 8-EMA envelope. - AUDUSD, GBPUSD consolidations dictate patience. - See the DailyFX Economic Calendar for Tuesday, January 20, 2015. There are still a few days before the ECB unveils/doesn't unveil a QE program, but that doesn't Read More →

Euro May Overlook German ZEW Data as Traders Await ECB Meeting

Talking Points: US Dollar Outperforms on Firming Fed Policy Bets, Yen Falls on Risk Swell Euro May Overlook German ZEW as Traders Await ECB Meeting Outcome See Economic Releases Directly on Your Charts with the DailyFX News App The US Dollar outperformed in overnight Read More →

US Dollar at Risk of Pullback versus Euro and Yen in Week Ahead

- Extreme Swiss Franc volatility leads to a surge in broader FX volatility prices/expectations - Exchange rate risk very high as traders fear continued turbulence - We favor high-volatility strategies and reduced leverage through foreseeable future Unexpected action from the Swiss National Bank Read More →