Menu

FX News

Euro Looking for a Lifeline in Revised June Inflation Data

Talking Points: Euro May Rise if June’s Inflation Reading is Revised Upward Yen Gains as Aussie, NZ Dollars Fall on Fading Risk Appetite See Data Releases on Your Charts with the DailyFX News App A revised set of June’s Eurozone CPI figures headlines an Read More →

NZDJPY Reversal Undeway- Scalps Target Key Support at 88.20

Talking Points NZDJPY signals near-term reversal off July high Scalps look to sell rallies Event Risk on tap next week from New Zealand & Japan NZDJPY Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook NZDJPY weekly & monthly opening ranges break- bearish Interim support 88.20/33- Break Read More →

USD/CAD Marks Fresh July High Following BoC- GBP/CAD False Break?

Talking Points: - USDOLLAR Threatens Bearish Setup; Yellen Testimony in Focus - GBP/USD at Risk for Bearish Inside-Day (Harami) as U.K. Wage Growth Disappoints - USD/CAD Climbs to Fresh Monthly High as Bank of Canada (BoC)Talks Down Inflation Risk Index Last High Low Daily Change (%) Daily Range (% Read More →

EUR/USD Falls to Crucial July 2012 Trendline; GBP-crosses Resilient

Talking Points: - EURUSD at July 2012-2013 uptrend, nearing June 2014 lows. - EURGBP breakdown matched by GBPCHF; watch GBPCAD. - Reminder that July forex seasonals in QE era work against USD. Like in the case of the US, a sustained decline in the Read More →

NZ Dollar Falls on CPI Miss, Aussie Dollar Down After China GDP Data

Talking Points: NZ Dollar Falls on CPI Miss, Aussie Dollar Down After Chinese GDP British Pound May Not Find Direction in June’s Jobless Claims Data US Dollar Eyes Yellen Testimony for Direction Guidance Once Again The New Zealand Dollar underperformed in overnight trade, sliding Read More →

British Pound Rallies on Inflation Report, Will Jobs Data Curb or Amplify?

Talking Points: Dollar Advances on Yellen Commentary but Checked by Risk Waver British Pound Rallies on Inflation Report, Will Jobs Data Curb or Amplify? Euro Eyes 1.3500 as Equities Slide, Bond Yields Slowly Gain Dollar Advances on Yellen Commentary but Checked by Risk Waver Technically Read More →