Menu

FX News

AUD/USD Outlook at Risk on Dovish RBA- EUR/USD Breakout Takes Shape

Talking Points: - USDOLLAR Outlook to Turn Increasingly Bearish on Close Below 10,440 - EUR/USD Bullish Breakout Taking Shape; Looking For Close Above 1.3870 - AUD/USD& AUDJPY to Retain Narrow Range Going Into RBA Meeting The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) continues Read More →

FX Price Action Favors Selling US Dollar and Japanese Yen Rallies

- US Dollar looks likely to continue steady grind lower - Slowdown in forex economic event risk point to slow moves - We continue to view Dollar rallies as selling opportunities Traders are watching for another week of slow forex market moves. Our Read More →

Hollow NFPs Leaves US Dollar, S&P 500 Vulnerable to Sellers

Talking Points: - US yields continue to plunge at the long-end of the yield curve. - Previous instances of US yield curve bull flattening have hurt the US Dollar, US stocks. - USDJPY could be next domino to fall. Recall the article last week Read More →

Gold Probes Above $1,305 As US Dollar Continues Its Slumber

Talking Points Gold and silver are pushing on key resistance levels following strong gains on Friday Precious Metals may be afforded some further gains as the US Dollar continues to slumber Base metals vulnerable to further declines on disappointing Chinese figures this week Gold Read More →

Euro Waits for ECB Balancing Act as Data Bump Limits Policy Reaction

Euro Waits for ECB Balancing Act as Data Bump Limits Policy Reaction
Fundamental Forecast for Euro: Neutral - The EURUSD’s low volatility slumber may finally be ending in the wake of a very mixed US Read More →

Weekly Trading Forecast: EURUSD and Majors Move Closer to Critical Breakouts

US Dollar Fails to Rally on Great Payrolls Data, Remains a Sell A sharply better-than-expected US Nonfarm Payrolls report wasn’t enough to keep the Dollar from falling versus major FX counterparts, and the Greenback looks at risk of further declines as Read More →