FX News

Talking Points USDCHF testing key resistance- August opening range high Rally at risk- short scalps in play sub-9133 USDCHF Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook USDCHF approaching major inflection zone / key resistance / 2014 high Rally vulnerable while below 9113/33 resistance range- Read More →

Talking Points: - GBP/USD Rebounds From Fresh Monthly Low (1.6600) on BoE Dissent - USD/JPY to Eye April High (104.11) on Close Above 103.30 - USDOLLAR Threatens Former Support; RSI Pushes Back Into Overbought Territory Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10602.65 10617.14 10593.35 0.06 82.26% GBP/USD: Rebounds Read More →

- Federal Open Market Committee (FOMC) Expected to Halt QE in October. - Philadelphia Fed President Charles Plosser Becomes First Hawkish Dissenter in 2014. Trading the News: Federal Open Market Committee (FOMC) Minutes The Federal Open Market Committee (FOMC) Minutes may spur a Read More →

Talking Points: - EURUSD breaks through 1.3335 support and cracks to 1.3290. - USDCAD, USDCHF flags may signal next USD-pairs to run. - US Dollar strength in August shouldn't surprise - it's a seasonally strong month. The USDOLLAR Index's ability to break through and Read More →

Talking Points Crude Oil Hangs Hopes On A Bullish Inventories Report Gold, Silver Remain Vulnerable To Fading Geopolitical Fears Technicals Warn Of Weakness For The Precious Metals Crude oil has managed to regain its footing in Asian trading today as investors turn to upcoming Read More →

Talking Points: Dollar Rallies…Sans Traditional Fundamental Support British Pound Drops as Tempered Inflation Further Drains Rate Hike Conviction Euro Reflects Little of the Strength Seen in European Capital Markets Dollar Rallies…SansTraditional Fundamental Support The US Dollar has soared over the past 24 hours. And yet, Read More →