FX News

Talking Points: Bank of England in No Rush To Raise Rates Long-Term Trend Still to the Test as British Pound at Channel Support The US Dollar May Have Limited Follow-Though on FOMC Minutes The British Pound may be vulnerable to downside risk as the Read More →

Talking Points: - EURUSD struggling near trendline from November-February. - EURAUD triangle could see small rally; EURJPY selling rallies. - Forex economic calendar picks up mid-week. The most important development of the last week was that, contingent upon the ECB’s June economic projections, the Read More →

Talking Points US Dollar slump affords gold and silver some breathing room Crude oil exposed to souring sentiment as US equities pullback Fading geopolitical risks may sap safe-haven demand for the precious metals Gold and silver are pushing higher in early European trading as Read More →

Talking Points: New Zealand Dollar Correction Helped by Supportive PSI, PPI Data Euro Unlikely to Find Direction Cues in Construction Output Figures US Dollar May Rise if Officials’ Comments Support “Tapering” QE The New Zealand Dollar corrected higher as markets digested a swift two-day Read More →

Fundamental Forecast for Euro: Bearish - EURUSD closed below $1.3700 for the first time since mid-February, but no thanks to the US Dollar, yet. - The Read More →

US Dollar Rally Will Stall Without a Spark The US Dollar managed to turn a close call test of 14-month lows into an impressive rebound over the past two weeks. Bullish USD/JPY Outlook to Deteriorate Further on Less-Dovish BoJ The USD/JPY extended the Read More →