FX News

Talking Points: - EURUSD holding above 2008-2011 downtrend, now in ST triangle. - USDJPY stuck in sideways range despite rally in global equities – US Dollar neutral here. - US Dollar has struggled in wake of prior tapers. To keep up with central bank Read More →

- Federal Open Market Committee (FOMC) to Deliver Another $10B Taper. - Fed Chair Janet Yellen to Hold Press Conference at 18:30 GMT. Trading the News: Federal Open Market Committee Read More →

Talking Points Gold stabilizes near $1,351 ahead of upcoming FOMC meeting Crude oil fails near $100 handle with inventories data to offer further cues Precious metals may turn lower on hawkish Fed guidance Gold has found some support in Asian trading today near the Read More →

Talking Points: Major Currencies Treading Water as Markets Await FOMC Announcement Outcome US Dollar May Rise if Fed Forecasts, Yellen Rhetoric Support QE “Tapering” Cycle British Pound Vulnerable if BOE Minutes Hint at Longer Delay of Interest Rate Hikes The major currencies are treading Read More →

- U.K. Jobless Claims to Contract for Sixteen-Consecutive Month - ILO Unemployment Rate to Hold at 7.2% for Second Month Trading the News: U.K. Jobless Claims Change Another 25.0K decline in U.K. Jobless Claims may prompt a meaningful rebound in the GBPUSD as Read More →

Talking Points: Dollar Finding Little Support on Risk Trends, Turns to FOMC Euro Stubbornly Holds Above 1.3900 Through Weak Data British Pound Drops Amid BoE Updates, Minutes and Data Ahead Dollar Finding Little Support on Risk Trends, Turns to FOMC The dollar has been backed Read More →