FX News

Talking Points: British Pound Likely to Fall if UK CPI Falls Short of Expectations US Dollar Hopes to Find Strength in Pro-Taper Fed Commentary Australian Dollar Sinks as RBA Minutes Dent Case for Rate Hikes April’s UK CPI report headlines the economic calendar in Read More →

- U.K. Consumer Price Index (CPI) to Increase for First Time in 2014. - Core Inflation to Rise 1.8%- Fastest Rate of Growth Since November. Trading the News: U.K. Consumer Price Index A marked rebound in the U.K.’s Consumer Price Index (CPI) may Read More →

Talking Points: Dollar: Will Market Shift Towards Fed Bullard’s View? British Pound On Volatility Watch Again with CPI Euro Already Adjusted for ECB Stimulus? Dollar: Will Market Shift Towards Fed Bullard’s View? The market was leaning heavily on the bearish rudder for the US Dollar Read More →

Talking Points GBPAUD eyes key near-term resistance Weekly opening range taking shape just below Major event risk on tap from Australia & UK GBPAUD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPAUD testing key resistance range- January 24th TL / Fibonacci confluence 1.8022/50 Breach targets Read More →

Talking Points: - USDOLLAR Risks Further Decline on Close Below 10,440 - USD/JPY Eyes 101.00 Ahead of Bank of Japan (BoJ) Meeting Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10442.85 10454.11 10435.72 -0.10 60.65% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Close Below 10,440 Brings 10,406 (1.618 Read More →

- Yen poised to gain further versus downtrodden Euro - British Pound nears critical support versus Dollar - Low forex volatility favors more of the same, not new trends Forex market conditions favor continuation of Japanese Yen gains versus the downtrodden Euro, while Read More →