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Dollar, Yen Torn Between US Jobs Data and Year-End Capital Flows

Talking Points: US Dollar Needs Outsized Beat on Payrolls Print to Refuel Upward Drive Yen May Rise After Overnight Drop on Year-End Flows After NFP Report German Factory Orders, Eurozone GDP Revision Unlikely to Stir the Euro A relatively muted economic calendar in European Read More →

ECB Sparks Euro Relief Rally- AUD Weakness in Focus Ahead of NFP

Talking Points: - EUR/USD Relief Rally to Gather Pace as ECB Buys More Time. - AUD/USD Risks Further Losses as RSI Dips Back Into Oversold Territory. - USDOLLAR Remains Overbought Ahead of Non-Farm Payrolls (NFP) Report. For more updates, sign up for David's e-mail Read More →

Trade Setups in EUR/USD, EUR/GBP Ahead of ECB

Talking Points: - EURUSD holds lows ahead of last ECB meeting of 2014. - EURGBP moves into lower half of symmetrical triangle. - See the 'high' importance events on the DailyFX Economic Calendar. Due to incoming inflation data and persistently falling inflation expectations, policymakers Read More →

EUR/USD Outlook Mired by Bets for ECB QE, Corporate-Bond Purchases

- European Central Bank (ECB) to Keep Rates on Hold Ahead of T-LTRO. - Will ECB Show a Greater Willingness for Quantitative Easing? For more updates, sign up for David's e-mail distribution list. Trading the News: European Central Bank (ECB) Interest Rate Decision EUR/USD Read More →

Euro May Fall if Draghi Backs 1Q Timeline for Sovereign QE Decision

Talking Points: BOE Policy Announcement Likely to be a Non-Event for the British Pound Euro May Fall if Draghi Confirms 1Q Timeline for Sovereign QE Decision See Economic Releases Directly on Your Charts with the DailyFX News App Monetary policy announcements from the Bank Read More →

Key EURUSD Scalp Targets Heading Into ECB / NFPs

Talking Points EURUSD Weekly opening range break keeps near-term focus lower Shorts at risk heading into interim support / key event risk Eventrisk on tap this week EUR/USD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURUSD continues to respect TL resistance off the October high Initial Read More →