FX News

Talking Points: Australian Dollar Outperforms as Asian Stocks Recover from Post-FOMC Selloff Japanese Yen May Rise as FTSE 100 Stock Futures Hint at Risk Aversion Ahead Comments from Fed’s Kocherlakota May Drive Volatility into the End of the Week The Australian Dollar outperformed in Read More →

Talking Points FOMC prompts massive reversals in USD, Gold USDOLLAR, XAUUSD testing March opening ranges Key levels heading into next week USDOLLAR Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook USDOLLAR responds to key Fibonacci support / monthly opening range low 10,497- 10508 Outside day reversal Read More →

Talking Points: - Although gold price continued to push through major key resistance levels, silver never confirmed the trend. - Gold down slightly post-FOMC while silver is getting crushed (down over 1% at Read More →

Talking Points: - USDOLLAR Capped by Former Support; RSI Breakout Favors Further Advances - EURUSD Fails to Maintain Bullish Trend; Larger Correction in Focus Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10583.97 10600.42 10564.13 0.17 93.99% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Price Retains Descending Channel, Read More →

Talking Points: - Australian Dollar (AUD) remains near 0.90 level. - RBA’s Stevens to speak Wednesday (11:30AM-12:20PM HKT 03/26) on Australian Dollar, economy. As stated last week, the risks remaining for the Australian dollar Read More →

Talking Points: - USDJPY ranging ahead of FOMC - breakout due. - EURUSD holding near 1.3900 after German ZEW miss - read the weekly forecast. To keep up with developments central banks and their policy changes, be sure to sign up for my Read More →