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Dollar Rally Cools Before Janet Yellen Takes the Stage at Jackson Hole

Talking Points: Dollar Rally Cools Before Janet Yellen Takes the Stage at Jackson Hole Euro: Will Draghi Comment on the Asset Purchase Program, Currency? British Pound Suffers 7-Week Slide – Longest in Decades Dollar Rally Cools Before Janet Yellen Takes the Stage at Jackson Read More →

EUR/USD Vulnerable to Dovish Draghi- USD/JPY Carving Doji?

Talking Points: - EUR/USD to Target 1.3200-20 on Dovish Comments From ECB President Mario Draghi - USD/JPY Stalls Ahead of 104.00; Doji Warns of Waning Momentum - USDOLLAR Risks Larger Decline Ahead of Fed Symposium as RSI Stalls at 78 Resistance For more updates, Read More →

EUR/USD Slide Continues but EUR Weakness Elsewhere Questionable

Talking Points: - EURUSD cracks to fresh yearly lows at 1.3241. - USDCHF has resumed its move towards 0.9160/89. - US Dollar strength in August shouldn't surprise - it's a seasonally strong month. EURUSD and USDCHF are back in tandem, and while that mean Read More →

Crude Oil Left Wanting For Bullish Cues, Gold Dumped As USD Gains

Talking Points Crude Oil Lacking Fuel To Lead A Recovery Precious Metals As Geopolitical Concerns Ebb Copper Recovery Stalls On Slump In Chinese PMI Crude oil remains in a precarious position as escalating tensions in Iraq fail to spark fear-driven buying of the commodity. Read More →

GBP/USD Rebound Favored on Strong U.K. Retail Sales

- U.K. Retail Sales to Increase for Second Consecutive Month. - Private Sector Spending to Rise for Fifth Time in 2014. Trading the News: U.K. Retail Sales A pickup in U.K. Retail Sales may spur a more meaningful rebound in the GBP/USD as Read More →

Dollar Rally Forces EURUSD and USDJPY Breaks

Talking Points: Dollar Rally Forces EURUSD and USDJPY Breaks British Pound Surprised by BoE Hawks, But Doesn’t Turn Euro Traders Ready for Another Round of Economic Data Dollar Rally Forces EURUSD and USDJPY Breaks Between two days of key event risk, it seemed that the Read More →