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USD/INR: Indian Rupee Up on CPI, But Gold Threatens Trade Balance

USD/INR Currency
The Indian Rupee (INR) saw slight gains yesterday against the US Dollar as incoming CPI data showed that prices rose at an 8.1%YoY pace (vs.8.3% estimated by economists) while Industrial Production YoY Read More →

EURUSD May Hold March Open Range as U.S. Retail Sales Rebound

- U.S. Retail Sales to Increase for First Time in Three-Months - Household Spending Rose 10 Months in 2013 Trading the News: U.S. Advance Retail Sales A rebound in U.S. Retail Sales may generate a meaningful rebound in the dollar as it raises Read More →

Forex: US Dollar Seeks Help from Retail Sales Data, Fischer Rhetoric

Talking Points: Australian Dollar Soars as Jobs Report Shows Biggest Gain in 2 Years Kiwi Dollar Higher as RBNZ Signals Start of Interest Rate Hike Cycle US Dollar May Rise on Retail Sales Data, Pro-Taper Fischer Rhetoric The Australian Dollar outperformed in overnight trade Read More →

Forex: Dollar Rebound Stalls as Equities Bounce, Yields Slip

Talking Points: Dollar Rebound Stalls as Equities Bounce, Yields Slip New Zealand Dollar: RBNZ Hikes and Douses Volatility Euro Keeps the Pressure EURUSD as Market Rates Rise Dollar Rebound Stalls as Equities Bounce, Yields Slip The Dollar’s three-day advance was brought to close before the Read More →

Is an AUDUSD Top in Place? Shorts at Risk Above 8920

Talking Points AUDUSD holds within February opening range Broader advance off yearly low in focus while above 8920 region Major event risk on tap over the next 48-hours from Australia and US AUDUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDUSD holding above trendline Read More →

Crude Oil Prices Pullback Below $100, U.S. Set to Release Reserves

Talking Points: WTI Crude Oil retreats below $99 following a spike above $105 during the first week of March Weekly oil inventories ending March 7th flirt with multi-year highs U.S. to release crude from the strategic petroleum reserve (reported by Reuters at 14:18GMT) West Read More →