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Dollar’s Next Leg: A Rally Charged By Risk or Retreat on Rates

Dollar’s Next Leg: A Rally Charged By Risk or Retreat on Rates
Fundamental Forecast for Dollar:Bullish Sentiment was a tepid driver for the Dollar this past week, but it represents a key potential driver ahead A Read More →

Euro to Face Draghi Testimony- USD/JPY Threatens Bearish Divergence

Talking Points: - EUR/USD Fails to Benefit from Upbeat 3Q GDP Ahead of ECB President Draghi’s Testimony. - USD/JPY Threatens Bearish RSI Momentum Ahead of Japan 3Q GDP & BoJ Meeting. - USDOLLAR Marks Fresh Monthly High on Retail Sales- FOMC Minutes in Read More →

Strong US Advanced Retail Sales Data Fuels More Dollar Strength

Talking Points: - US Advance Retail Sales beat expectations modestly. - Core consumption figure beats too, with positive revisions to priors. - EURUSD falls to $1.2398 after report. October US Advance Retail Sales beat analyst estimates of +0.2% with a headline reading of +0.3% Read More →

GBP/USD Slices Through Major Fib Level, EUR/USD Triangle Persists

Talking Points: - EURUSD maintains triangle range post-EZ GDP figures. - GBPUSD slices through key Fibonacci level. - Hints of Future Easing Keep Euro Pinned Lower, for Now The USDOLLAR Index is pressing its yearly highs, even though EURUSD and GBPUSD are diverging as Read More →

USD to Extend Near-Term Rally on Strong Retail Sales Report

- U.S. Advance Retail Sales to Increase for Eighth Time in 2014. - Rise of 0.2% Would Mark the Smallest Rebound for Entire Year. For more updates, sign up for David's e-mail distribution list. Trading the News: U.S. Advance Retail Sales Beyond the Euro-Zone’s Read More →

Crude Oil Collapses, Gold At Risk On Positive Top-Tier US Data

Talking Points Crude Oil Collapses As Global Supply Glut Concerns Linger Natural Gas Extend Declines Ahead Of Inventories Data Quarterly Forecast: Gold RemainsVulnerable To USD Strength Crude oil benchmarks plummeted on Thursday with WTI sliding by over 3 percent to a fresh 3 year Read More →