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GBP/USD Benefits From BoE Policy Outlook- Waiting for SSI to Flip

Talking Points: - GBP/USD Blips Higher as BoE Retains Current Course for Monetary Policy - AUD/USD to Face Larger Rebound on Upbeat Australian Employment Report - USDOLLAR Eyes August 2013 High (10,897) as Retail Crowd Remains Net-Short For more updates, sign up for David's Read More →

Bearish NZD/USD Trend in Focus- Will RBNZ Remove Verbal Intervention?

- RBNZ Expected to Retain Current Policy Amid Period of ‘Interest Rate Stability’. - Will RBNZ Governor Graeme Wheeler Remove the Verbal Intervention on Kiwi? For more updates, sign up for David's e-mail distribution list. Trading the News: Reserve Bank of New Zealand Read More →

AUD/USD Top Measures to 0.8906, EUR/JPY Revisits 138.05 Resistance

Talking Points: - AUDUSD weak H&S/range break measures to 0.8906. - EURJPY back into familiar resistance level since mid-July. - Euro Punished by ECB’s New Measures as QE Remains on Hold The US Dollar took a step back against the European currencies and the Read More →

Gold Rudderless, Crude Oil Clings to Support Before Inventories Data

Talking Points Gold and Silver Remain At A Crossroads Near Key Technical Levels Crude Oil May Be Uninspired By Another Lackluster Inventories Report Copper Succumbs To Declines After Testing Its Descending Trendline Gold and silver are treading water near key technical levels during the Read More →

British Pound Looking to BOE Commentary to Fuel Recovery

Talking Points: British Pound Looking to BOE Commentary to Power a Corrective Recovery Australian Dollar Tumbles on Soft Consumer Confidence Data, Risk Aversion See Economic Releases Directly on Your Charts with the DailyFX News App Commentary from Bank of England officials remains in focus Read More →

GBP/USD Remains Vulnerable Ahead of BoE Testimony- 1.6000 on Tap?

Talking Points: - GBP/USD Remains Oversold; BoE Governor Carney Stands Ready to Normalize - NZD/USD to Threaten Bearish Formations If RBNZ Removes Verbal Intervention - USDOLLAR Topside Targets Remain Favored as RSI Pushes Deeper Into Overbought Territory For more updates, sign up for David's Read More →