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Aussie Dollar Looking Beyond Status-Quo RBA Policy Announcement

Talking Points: Aussie Dollar Flat as RBA Keeps Rate Setting Unchanged as Expected Swiss Franc Unlikely to Find Volatility in September’s Inflation Report Familiar Sentiments from Fed Officials May Do Little for the US Dollar The Australian Dollar was little-changed after the Reserve Bank Read More →

Gold May Find Some Relief As The US Dollar’s Bull Run Loses Steam

Talking Points Gold and Silver May Consolidate As The USD Begins To Show Signs Of Exhaustion Crude Oil At A Critical Juncture With Bullish Fundamental Cues Lacking Platinum Recovery May Prove Short-Lived As Technicals Warn Of Renewed Selling Gold and silver rebounded strongly at Read More →

Gold May Find Some Relief As The US Dollar’s Bull Run Loses Steam

Talking Points Gold and Silver May Consolidate As The USD Begins To Show Signs Of Exhaustion Crude Oil At A Critical Juncture With Bullish Fundamental Cues Lacking Platinum Recovery May Prove Short-Lived As Technicals Warn Of Renewed Selling Gold and silver rebounded strongly at Read More →

Gold May Find Some Relief As The US Dollar’s Bull Run Loses Steam

Talking Points Gold and Silver May Consolidate As The USD Begins To Show Signs Of Exhaustion Crude Oil At A Critical Juncture With Bullish Fundamental Cues Lacking Platinum Recovery May Prove Short-Lived As Technicals Warn Of Renewed Selling Gold and silver rebounded strongly at Read More →

AUD/USD Vulnerable to RBA Verbal Intervention- 0.8550 on Tap?

- Reserve Bank of Australia (RBA) to Keep Cash Rate at 2.50% for 13-Consecutive Meetings. - Will RBA Governor Glenn Stevens Continue to Embark on Verbal Intervention? For more updates, sign up for David's e-mail distribution list. Trading the News: Reserve Bank of Read More →

USD/JPY Outlook Undermined Ahead of BoJ Amid Bearish RSI Divergence

Talking Points: - USD/JPY Bearish RSI Divergence in Focus Ahead of BoJ Policy Meeting. - AUD/USD Rebound Vulnerable to RBA Verbal Intervention. - USDOLLAR at Risk of Larger Correction as Bullish RSI Momentum Comes Under Pressure. For more updates, sign up for David's e-mail Read More →