Menu

FX News

Silver Drops To $19.00 Handle, Oil Exposed To US Manufacturing Miss

Talking Points Gold and silver to extend falls as traders look past dovish Fed and Ukrainian tensions WTI vulnerable to disappointing US manufacturing data sub-$100.00 handle Commodities head into an historically weak period near key technical levels Silver prices have plunged to the critical Read More →

Fundamentals: Dollar Ends Day Lower but FOMC Holds Back the Bears

Talking Points: Dollar Ends Day Lower but FOMC Holds Back the Bears Euro Advance on Inflation, Growth Updates Under ECB Watch Yen Crosses Retreat as BoJ Further Quells QE Upgrade Hopes Dollar Ends Day Lower but FOMC Holds Back the Bears This past session offered Read More →

Graphic Rewind: USD Bulls Lose Confidence Ahead of Friday NFP Release

Talking Points: Greenback index falls to a 9-day low after weak GDP release Euro takes gains against USD despite inflation miss A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Dollar 15-Minute 12:00 04/28 Read More →

EUR/USD Risks Higher High on Dovish Fed- GBP/CAD Eyes Key Resistance

Talking Points: - USDOLLAR Hit by Dismal 1Q GDP; All Eyes on FOMC - EUR/USD Threatens Bearish Momentum; Higher High on Tap? - GBP/CAD Eyes 1.8640 Resistance as Pair Carves Higher Low in April The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is under Read More →

EUR/USD Threatens Trendline Resistance Before FOMC- Breakout on Tap?

- Federal Open Market Committee (FOMC) to Reduce QE by Another $10B. - FOMC Meeting Minutes Due Out on May 21. Trading the News: Federal Open Market Committee Meeting Another $10B reduction in the Federal Open Market Committee’s (FOMC) asset-purchase program may have Read More →

FOMC, NFPs Best Bets to Stir US Yields, EUR/USD from Low Vol Slumber

Talking Points: - EURUSD remains poised to funnel into triangle vertex by next week. - USDJPY’s lack of enthusiasm for US equity rally can be attributed to lack of yield momentum. - US yields have been ranging; 10YY between 2.58% and 2.82%. FX markets Read More →