FX News

- US Dollar surges, but we’re wary of buying at these levels - Forex price and time cycles suggest end of week is critical for US currency - Low FX volatility expectations make breakouts unlikely, selling USD near highs looks attractive A significant Read More →

Talking Points: - EURUSD breaks overnight low of 1.3785, eyes 1.3745 intraday. - Euro looks toppish overall - EURAUD might be heading to 1.5000. - See the DailyFX Economic Calendar for Monday, March 24, 2014. To keep up with developments central banks and their Read More →

Talking Points: Euro May Decline on Soft PMIs But Follow-Through Questionable Japanese Yen Down as Asian Stocks Rise, Eroding Haven Demand Australian Dollar Losses Prove Short-Lived After China PMI MIss The preliminary set of March Eurozone PMI figures headlines the economic calendar in European Read More →

Fundamental Forecast for Euro: Neutral - The Euro has had a rocky few days after ECB President Draghi warned on Euro strength. - The midweek Read More →

Fundamental Forecast for Australian Dollar: Neutral Australian Continues to Look at External Factors for Directional Guidance US Economic Data, Fed-Speak Calendar at the Forefront Read More →

US Dollar Rally Might Run out of Steam Unless this Changes The US Dollar finally showed signs of life as a surprisingly-upbeat Federal Reserve sent it sharply higher versus major counterparts. Yet key headwinds remain, and a number of factors suggest Read More →