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Will EURCHF Floor Break? November 30 Referendum in Focus

Will EURCHF Floor Break? November 30 Referendum in Focus
Fundamental Forecast for Swiss Franc: Neutral - November 30 SNB referendum looms large as EURCHF nears Sf1.2000 floor. - EURCHF 20-day ATR only 14-pips. - Have a bullish Read More →

Latest Promise of Easing from ECB Keeps Euro Rebound at Bay

Latest Promise of Easing from ECB Keeps Euro Rebound at Bay
Fundamental Forecast for Euro:Neutral - Both EURGBP and EURUSD failed at important resistance this week, keeping the downtrends intact. - ECB President Draghi’s dovish comments Read More →

Weekly Trading Forecast: Volatility Keeps Boiling in the FX Market

Just as the global capital markets were preparing for the seasonal downshift into Thanksgiving week, multiple central banks sent a shockwave of volatility through the markets. Be wary of FX volatility this week. US Dollar Forecast– Dollar May Not Have a Read More →

Dollar May Not Have a Quiet Thanksgiving…

Dollar May Not Have a Quiet Thanksgiving...
Fundamental Forecast for Dollar:Bullish Debate over the timing and pace of the Fed’s normalization path is holding the Dollar back Yet, a view that hikes will come ‘eventually’ is Read More →

EUR/USD Breaks Channel from November Low, AUD/USD Skewed by PBoC

Talking Points: - EURUSD slides after Draghi's comments on a QE program. - AUDUSD jumps after PBoC announces surprise rate cut. - See the 'high' importance events on the DailyFX Economic Calendar. The People's Bank of China's decision today to cut its key interest Read More →

Dollar Draws Limited Reassurance from CPI Uptick, Fed Surveys

Talking Points: Dollar Draws Limited Reassurance from CPI Uptick, Fed Surveys Euro Slips after Weak PMIs But is ECB QE Any Nearer? Yen Jumps after Japan’s Finance Minister Says Drop ‘Too Fast’ Dollar Draws Limited Reassurance from CPI Uptick, Fed Surveys The outlook for monetary Read More →