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What to Expect from ECB and Managing EUR/USD Trade

Talking Points: - EURUSD cracks weekly low and tumbles below $1.2600. - New EURGBP trade on the table. - EURUSD has been on a major losing streak since mid-August. With the ECB's stress tests due at the end of the month and the ABS-program Read More →

Bearish EUR/USD Outlook Vulnerable If ECB Attempts to Buy Time

- European Central Bank (ECB) to Announce Further Details Surrounding Non-Standard Measures. - Will ECB President Mario Draghi Talk Down the Euro? For more updates, sign up for David's e-mail distribution list. Trading the News: European Central Bank (ECB) Interest Rate Decision Further details Read More →

Commodity Dollars Soar as Risk Trends Gyrate Before ECB, NFP Results

Talking Points: Commodity Dollars Stage Recovery as Risk Appetite Firms Before ECB, NFP Euro to Resume Decline on Strong ECB Stimulus Pledge, Rebound Otherwise See Economic Releases Directly on Your Charts with the DailyFX News App The sentiment-linked Australian, Canadian and New Zealand Dollars Read More →

Euro Can Reverse Course, Rally if ECB Comes Up Short

Talking Points: Dollar Breaks Pace on the Same Day Risk Slumps Euro Can Reverse Course, Rally if ECB Comes Up Short Japanese Yen: USDJPY Biggest Drop in 6 Months a Signal? Dollar Breaks Pace on the Same Day Risk Slumps It is unusual that on Read More →

Precious Metals Rebound As US Dollar Loses Steam Ahead Of Jobs Data

Talking Points Gold and Silver Recover Ground As Their US Dollar Counterpart Stumbles Crude Oil At A Critical Juncture With Bullish Fundamental Cues Lacking Platinum Traders Near Multi-Year Low As Technicals Warn Of Further Weakness Crude oil has stabilized during the Asian session today Read More →

EURCAD Shorts at Risk Ahead of ECB- Key Support 1.4053

Talking Points EURCAD short-side bias at vulnerable- key support 1.4053 Weekly opening range in focus heading into ECB Event risk on tap this week EUR/CAD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURCAD continues to trade within confines of a descending channel off the Read More →