FX News

Talking Points: - EURUSD climbs through former TL support, eyes 1.3770. - EURJPY in pivot zone 140.85/141.45. - Next set of important Euro-Zone data comes Friday. To keep up with developments central banks and their policy changes, be sure to sign up for my Read More →

Talking Points Crude Oil Surges Above $97.50 Following Bullish Inventories Figures Gold Swings Higher As US Data May Suggest Less-Aggressive “Taper” Timeline Precious Metals Could Weaken Ahead of Upcoming FOMC Meeting Gold soared above the $1,260 level as a disappointing US PMI reading may Read More →

Talking Points: Soft German IFO Report Unlikely to Yield Lasting Follow-Through Euro May Decline if January’s CPI Reading is Revised Downward Japanese Yen Rose on Haven Flows as Stocks Sank in Asian Trade Germany’s IFO Survey of business confidence headlines the economic in European Read More →

Fundamental Forecast for Euro: Neutral - Retail crowd positioning warns of an extreme (and potential top) in the Euro. - EURUSD only vulnerable to a bigger correction Read More →

US Dollar Forecast - US Dollar Needs S&P 500 Volatility to Leverage a Rally The Dow Jones FXCM Dollar Index (ticker = USDollar) rose every day of the past trading week. We haven’t seen a five consecutive day advance from this Read More →

Fundamental Forecast for Gold:Neutral Gold and Silver Dip As US Dollar Gains Following FOMC Minutes Gold Dip Underway; Former Range High at Read More →