FX News

Talking Points: - USDOLLAR loses traction near key 10477 level. - EURUSD laggard, AUDUSD and GBPUSD leaders. - Forex economic calendar picks up with US consumption data at 12:30 GMT. The US Dollar has picked up off of its April lows, but despite back-to-back Read More →

Talking Points Palladium outperforms precious metals on production concerns US Retail Sales may fail to stir the USD, leaving gold to recover Crude oil bulls hesitate near critical resistance at $105.00 Palladium prices have pushed to multi-year highs as the ongoing South African mining Read More →

Talking Points: - GBP, unlike EUR, enduring recent swell in shifting FX demands. - GBPCHF much better opportunity than GBPUSD, GBPJPY. - Forex economic calendar quiet until RBNZ Rate Decision on Wednesday. The British economy is the strongest in the developed world in 2014, Read More →

Talking Points Crude oil retreats from key resistance ahead of inventories data Palladium breaks out as supply disruption fears intensify Gold’s recovery may continue as US Dollar slumber persists Crude oil continues to tease traders near a key technical level at $105.00 ahead of Read More →

Talking Points: British Pound at Risk if Jobs Data Disappoints, Denting BOE Bets Euro Vulnerable to Deeper Losses as ECB Rhetoric Stays Dovish New Zealand Dollar Gains as Markets Position for RBNZ Rate Hike May’s UK Jobless Claims data headlines the economic calendar in Read More →

- U.K. Jobless Claims to Decline for 19 Consecutive Months - ILO Unemployment Rate to Narrow to 6.7%- Lowest Since January 2009 Trading the News: U.K. Jobless Claims Change Another decline in U.K. Jobless Claims may prompt a near-term advance in the GBP/USD Read More →