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Ruble Drop Forces FX Policy Regime Change. Are Capital Controls Next?

Talking Points: Russia Has Scrapped its Managed FX Regime, Allowing Ruble to Float Freely Policy Change Aimed at Scaring Away RUB Sellers with Threat of Intervention Capital Controls Loom Ahead, Warning of Aggressive Volatility on the Horizon The Central Bank of Russia (CBR) abandoned Read More →

Gold Exposed As USD Bulls Return, WTI Tests Key 77.00 Barrier

Talking Points Gold & Silver Remain At Risk As The US Dollar Bulls Return In NFP Aftermath Crude Oil May Face Further Pressure As Supply Glut Concerns Linger Gold RemainsVulnerable To USD Strength Over Q4 – Quarterly Forecast Crude oil resumed its descent on Read More →

EUR/USD Continues to Carve Lower-Highs Ahead of Euro-Zone 3Q GDP

Talking Points: - EUR/USD Outlook Mired by Weakening Outlook for Growth; 3Q GDP to Expand 0.1%. - USD/CAD Dip Below 1.1300 Quickly Fizzles as Canada Housing Starts Disappoint. - USDOLLAR Holds Above 23.6% Fib Retracement Ahead of Fed Rhetoric. For more updates, sign up Read More →

US Dollar Likely to Stick to Tight Ranges, but What are the Clear Risks?

- Forex volatility tumbles, slower price moves in the US Dollar likely - Yet we cannot ignore clear tail risk in the market, and we’re wary of changing tack - Breakout2 is less likely to do well if volatility continues lower A clear Read More →

Euro Eyes ECB Bond-Buying Results, US Dollar Drops to Start the Week

Talking Points: US Dollar Drops to Start the Week as Asia Reacts to Disappointing Payrolls Euro Looks to ECB Covered Bond Purchase Results for Direction Guidance BOE Governor Carney May Stoke Japanese Yen and British Pound Volatility The US Dollar underperformed to start the Read More →

Gold Recovery At Risk As Dust Settles From Disappointing NFPs

Talking Points Gold & Silver Potential Advance May Be Capped As USD Bulls Look To Return Crude Oil Swings Within Technical Barriers As Supply Glut Concerns Linger Gold RemainsVulnerable To USD Strength Over Q4 – Quarterly Forecast The precious metals rebounded strongly on Friday Read More →