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Euro May Fall on Draghi Rhetoric, Pound to Look Past BOE Outcome

Talking Points: BOE Policy Announcement Likely to be a Non-Event for the British Pound Euro May Fall if ECB President Draghi Hints at Readiness to Launch QE See Economic Releases Directly on Your Charts with the DailyFX News App Monetary policy announcements from the Read More →

Gold & Silver Remain At Risk After Collapse To Fresh Multi-Year Lows

Talking Points Silver Remains At Risk Amid Warnings From Technicals And Potential USD Gains Crude Oil Recovery May Prove Limited As Global Supply Glut Concerns Linger Gold Vulnerable To USD Strength Over Q4 – Quarterly Forecast The precious metals suffered heavy losses on Wednesday Read More →

Euro Outlook Mired by Bets for Dovish ECB- AUD Searches for Support

Talking Points: - EUR/USD to Face Larger Rebound Should ECB Attempt to Buy More Time - AUD/USD Searches for Support Ahead of Australia Employment Report. - USDOLLAR RSI Threatens Overbought Territory; ADP & ISM Non-Manufacturing Bodes Well for NFP. For more updates, sign up Read More →

AUD/USD Breaks 5 Week Range, is EUR/USD Next?

Talking Points: - AUDUSD loses 5-week support near $0.8641. - EURUSD faces October lows ahead of ECB tomorrow. - Monetary Policy on Trial with RBA, ECB, and NFPs this Week Even as futures speculators sit on the largest notional US Dollar long position in Read More →

Pound May Overlook PMI Data, US Dollar May Rise on ADP Report

Talking Points: British Pound May Broadly Overlook October’s Final Batch of PMI Figures US Dollar Could Find Strength if ADP Figures Set a Positive Tone for NFP See Economic Releases Directly on Your Charts with the DailyFX News App Another quiet day on the Read More →

Crude Oil Testing Key Level Ahead Of US Inventories Data

Talking Points Silver Continues Slide As Technicals Warn Of Further Weakness Crude Oil Achieves $77.00 Target As Supply Glut Concerns Linger Gold Vulnerable To USD Strength Over Q4 – Quarterly Forecast The Crude benchmarks extended their slide on Tuesday as lingering supply glut concerns Read More →