FX News

- Bank of England (BoE) to Reiterate Updated Growth & Inflation Forecast - Is There a Growing Dissent in the Monetary Policy Committee (MPC)? Trading the News: Bank of England Minutes The Bank of England Minutes may generate a more meaningful advance in Read More →

Talking Points: Dollar’s Mixed Session Inches Currency Closer to Bull Trend British Pound Generates Limited Rate Speculation from Uptick in Inflation Japanese Yen: A QE Upgrade Requires a Collapse in the Crosses Dollar’s Mixed Session Inches Currency Closer to Bull Trend The Dow Jones FXCM Read More →

Talking Points AUDUSD breaks below technical support May opening range low in focus 9200 Limited event risk into weekend AUDUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDUSD breaks below key support / 2014 TL at 9300- bearish Key support objective now 9200/17- bullish invalidation Break Read More →

Talking Points: - USDOLLAR Continues to Threaten 10,470 Pivot Ahead of FOMC Minutes - GBP/USD to Target Fresh Highs on U.K. Retail Sales, Hawkish BoE Minutes - Bearish AUD/USD Outlook Favored on Dovish RBA Minutes- Need Close Below 0.9200 The Dow Jones-FXCM U.S. Dollar Read More →

Talking Points: - GBPJPY, GBPUSD fail to fully engage levels that would warrant ‘rebound’ call. - Incoming UK inflation data weaker than headline of +1.8% y/y suggests. - The forex economic calendar was packed with ‘medium’ and ‘high’ event risk today. The British Pound Read More →

Talking Points Slowing of gold ETF outflows may afford the yellow metal some breathing room Light economic docket in the session ahead may see recent ranges persist Relaxing of Indian gold import restrictions could boost demand over the near-term Gold and silver continue to Read More →