FX News

Talking Points: NZ Dollar Sinks as RBNZ’s Wheeler Threatens FX Market Intervention Euro May Not Find Volatility in German Factory Orders, EZ PMI Data US Dollar Hoping for a Lifeline as Fed’s Yellen Testifies to Congress The New Zealand Dollar underperformed in otherwise quiet Read More →

Talking Points: Dollar Ends Congestion with Collapse Euro Receives Further Encouragement for QE New Zealand Dollar: RBNZ Says ‘May Intervene’ Dollar Ends Congestion with Collapse Following one of the quietest trading days in the Dow Jones FXCM Dollar Index’s (ticker = USDollar) history, the currency Read More →

Talking Points EURAUD fails at key inflection point / resistance Weekly opening range breaks- Interim scalp bias bearish Limited event risk out of Australia EURAUD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURAUD Fails to breach above 1.4978-1.5030 key resistance zone Broader head and shoulders Read More →

- NZ Employment to Rise 0.6%, Jobless Rate to Narrow to 5.8% (Lowest Since 1Q 2009) - Job Growth has Exceeded Market Forecast During the Last Four-Straight Quarter Trading the News: New Zealand Employment Change New Zealand Employment is expected to increase another Read More →

Talking Points: - USDOLLAR Eyes October Low (10,354) Ahead of Yellen Testimony - GBP/USD Targets 1.7000-20 Going Into BoE Policy Meeting - USD/JPY Stalls at 101.40-50 Support; RSI Fails to Preserve Bullish Momentum The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) looks poised to Read More →

Talking Points: - EURUSD clears triangle resistance, yearly high near $1.3970 in sight. - USDJPY yet to join selloff. - Forex economic calendar rather light on Tuesday. To keep up with developments central banks and their policy changes, be sure to sign up for Read More →