FX News

- Australia Employment Expected to Increase for Sixth Time in 2014. - Jobless Rate of 6.3% Would Mark Second-Highest Reading for 2014. For more updates, sign up for David's e-mail distribution list. Trading the News: Australia Employment Change Another 15.0K rise in Australia Employment Read More →

Talking Points: Russian Ruble continues to plummet as Brent Crude Oil hits 5-year lows Markets seem little concerned, and S&P 500 continues near record peaks Risks are especially high for Emerging Markets and Euro-denominated assets The Russian Ruble continues to plummet alongside Crude Oil Read More →

Talking Points GBPAUD coming into interim resistance target Longs at risk sub-1.90 Event risk on tap next week GBP/AUD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPAUD runs into resistance confluence / MLP Longs at risk sub 1.8960- 1.9011- bearish invalidation Interim support 1.8745/65, 1.8650, 1.8408/37 – Read More →

- Reserve Bank of New Zealand (RBNZ) to Keep Cash Rate on Hold at 3.50%. - Will RBNZ Governor Graeme Wheeler Retain the Verbal Intervention on Kiwi? For more updates, sign up for David's e-mail distribution list. Trading the News: Reserve Bank of Read More →

Talking Points: - GBP/USD Looks Poised for Larger Rebound as RSI Breaks Out of Bearish Formation. - USD/CAD Risks Bigger Pullback Amid Lack of Momentum to Close Above 1.1470-80. - USDOLLAR to Pare Losses on Strong U.S. Advance Retail Sales Report. For more updates, Read More →

Talking Points: - EURUSD holds post-ECB swing high, for now. - USDJPY yet to close below daily 13-EMA. - See the 'high' importance events on the DailyFX Economic Calendar. Coming into this week, market was net-long $47.5 billion notional US Dollar versus G10 FX, Read More →