FX News

Talking Points GBPUSD risks correction with break below May opening range Critical support 1.6722/54 Major event risk on tap from UK & US GBPUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPUSD testing Fibonacci support / monthly opening range low 1.6820/26 May opening range high Read More →

Talking Points: - EURUSD key reversal seeing significant follow-through. - EURJPY risks major breakdown below 139.85. - EURAUD head & shoulders topping continues below 1.4650. The problem with promising additional dovish action in June is that if the ECB does not do anything, it Read More →

Talking Points Copper pulls back from resistance following disappointing Chinese economic data Gold and silver exposed to a strong upcoming US Retail Sales print Crude oil continues to struggle below the $101 handle as supply glut concerns weigh on prices Disappointing Chinese economic data Read More →

- US Dollar outlook remains bearish, but Euro may have set an important top - Japanese Yen rallies, but low volatility suggests it remains a sell - We remain wary of Dollar rallies except against the Yen Recent forex market moves suggest that Read More →

Talking Points: - Key Euro inflation data could prompt further volatility post-ECB. - Bank of England Inflation Report comments on home prices to be noted. Jobs data Read More →

Talking Points Copper prices soar as traders speculate on further Chinese capital market reforms Gold and silver bounce off key support but remain vulnerable to waning geopolitical risks Crude oil traders show signs of hesitation near the critical $100 a barrel handle Copper prices Read More →