FX News

Talking Points Crude Oil Suffers Further Losses Ahead Of US Inventories Data Copper Retreats With PBOC Cautious On Strong Easing Gold Vulnerable To USD Strength Over Q4 – Quarterly Forecast Crude oil suffered further heavy losses on Wednesday as ongoing concerns over a global Read More →

Talking Points NZDUSD approaching key technical resistance Long scalp bias at risk sub-0.8000 Event risk on tap this week NZD/USD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook NZDUSD struggles at key resistance 7962/72- bearish invalidation Support at today’s low 7805 Break targets key support at 7682-7706- Read More →

Talking Points: - GBP/USD Lags Major Counterpart as Jobless Claims Disappoints While Wage Growth Ticks Higher. - Gold Hits Fresh Monthly High amid Dollar Weakness; Bullish RSI Momentum Favors Larger Correction. - USDOLLAR Slips to Fresh Monthly Low Amid Slew of Dismal Data; Read More →

Talking Points: - GBPUSD hovers above range support near 1.5860. - EURGBP nears channel resistance, GBPAUD flags. - Euro Rebounds Prove Shallow as Euro-Zone Sits on Cusp of Recession The British Pound has been one of the worst performers since mid-July. Is the selling Read More →

- U.K. Jobless Claims to Contract 30.0+K for Fifth Consecutive Month. - Wage Growth to Pick Up for Second Month to Annualized 0.7% in August. Trading the News: U.K. Jobless Claims Change Another 35.0K decline in U.K. Jobless Claims should raise the prospects Read More →

Talking Points: Dollar Weighs Volatility Versus Rate Outlook British Pound Tumbles as Rate Forecasts Hit a 2014 Low Euro: Region Starting to Show Signs of Capital Outflow Dollar Weighs Volatility Versus Rate Outlook The Dollar regained its composure this past session, but its fundamental backdrop Read More →