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Japanese Yen, British Pound, and Comm Bloc Offer Attractive Trades

- Forex volatility prices remain elevated, but Euro/US Dollar remains in tight trading range - Closer look at market conditions favors Japanese Yen, British Pound, and Commodity Bloc trades - Breakout2 remains our favored trading strategy across the Comm Bloc, JPY crosses Volatility Read More →

USDOLLAR Triangle Intact for Now as USD/JPY Holds Near Highs

Talking Points: - EURUSD rejected at pre-ECB November swing highs. - AUDUSD remains most stubborn of USD-pairs. - See the 'high' importance events on the DailyFX Economic Calendar. After Friday's inverted hammer at yearly highs, the USDOLLAR Index looked a bit toppish. However, there Read More →

US Dollar Follows Treasury Yields Lower as Japan Slips into Recession

Talking Points: US Dollar Falls as Treasury Bond Yields Sink After Japan Enters Recession Yen Spikes Down as Tax Hike Chances Fade, Rebounds on Political Turmoil Euro Looking to ECB Bond Purchase Tally, Draghi Testimony for Direction The US Dollar underperformed in overnight trade, Read More →

Euro’s Obstacles Starting to Wane but Reprieve Likely Temporary

Euro’s Obstacles Starting to Wane but Reprieve Likely Temporary
Fundamental Forecast for Pound:Neutral - EURUSD back above $1.2500 but EURCHF has started to probe the Sf1.2000 floor. - Futures speculators reduced Euro shorts for the first Read More →

Crude Oil Recovery May Be Limited, Silver At A Critical Juncture

Talking Points Crude Oil Recovery Limited As Global Supply Glut Concerns Linger Silver At A Critical Technical Juncture Following Astounding Rebound Quarterly Forecast: Gold RemainsVulnerable To USD Strength The precious metals witnessed an astounding rebound to finish out the week on Friday. Silver pared Read More →

Key Event Risk Set to Reignite Currency, Capital Markets Volatility

A record high close and 9-year low in realized volatility for US equity markets this past week is drawing skepticism rather than confidence. And, important event risk ahead may settle the score. US Dollar Forecast– Dollar’s Next Leg: A rally Charged Read More →