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Chinese Yuan: A Better 1Q GDP Outcome for Reassurance or Stimulus Motivation?

Talking Points: Dollar’s Yield Forecast Hemorrhage Staunched by CPI Data Chinese Yuan: A Better 1Q GDP Outcome for Reassurance or Stimulus Motivation? British Pound Loosing Fundamental Traction as Inflation Hits 4 Year Low Dollar’s Yield Forecast Hemorrhage Staunched by CPI Data US yields continue to Read More →

Scalping the GBPAUD Recovery- 1.8050 Key Resistance

Talking Points GBPAUD breaks above bearish technical formation Momentum divergence warns of possible exhaustion Weekly opening range breaks shifts near-term bias higher GBPAUD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPAUD breaks channel resistance dating March high- correction? Daily RSI divergence on the rebound off Read More →

NZD/USD to Eye 0.8750 Ahead of RBNZ on Faster New Zealand Inflation

- New Zealand Consumer Price Index (CPI) to Rise for Third Consecutive Quarter - Headline Reading Inflation of 1.7% Would Mark Fastest Pace of Growth Since 4Q 2011 Trading the News: New Zealand Consumer Price Index Another uptick in the headline reading for Read More →

USD/CAD Stalls at Former Support Ahead of BoC- AUD Eyes China GDP

Talking Points: - USDOLLAR Continues to Show Limited Reaction to U.S. Data. - Bullish AUD/USD at Risk on Slowing China 1Q GDP. - USD/CAD Limited by Former Support Ahead of BoC Interest Rate Decision. Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10449.12 10460.37 10436.3 0.12 72.19% The Dow Read More →

GBP/JPY, GBP/USD Set for Test of Highs or Major Breakdown

Talking Points: - British Pound benefits from higher running housing price data. - GBPJPY, GBPUSD hold critical longer-term support for now. - Forex economic calendar sees US Consumer Price Index on Tuesday. To keep up with developments central banks and their policy changes, be Read More →

Copper Vulnerable As China Data Looms, Dovish Yellen To Support Gold

Talking Points Crude oil and gold retreat as traders re-assess Ukrainian tensions Dovish “fed speak” may dampen USD demand and boost gold prices Copper vulnerable to further declines on disappointing China GDP print The precious metals are retreating alongside declines for energy commodities during Read More →