FX News

Talking Points: Yen Outperforms, Aussie Sinks on Pro-Taper Fed Cues and China PMI Euro Sold as Soft Inflation Data Fuels Bets on ECB Stimulus Expansion US Dollar Looks to January’s CPI Report to Power Continued Recovery The Japanese Yen outperformed in overnight trade as Read More →

Talking Points Gold and silver suffer as ‘Taper’ bets weigh on precious metals US Dollar to receive further guidance from upcoming US data Crude falters at key resistance ahead of Inventories Report Gold and silver have dipped following the release of a relatively hawkish Read More →

Talking Points: Dollar Attempts First 4 Day Rally in 3 Months, CPI Ahead British Pound Rate Outlook Deflating Quickly After Jobless Uptick Yen Crosses: A Steadfast BoJ Doesn’t Bode Well for Record Trade Deficits Dollar Attempts First 4 Day Rally in 3 Months, CPI Read More →

Talking Points Weekly opening range break turns USDCAD scalp bias positive Broader outlook constructive above 1.0906- bullish invalidation Major event risk on tap from US & Canada USDCAD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook USDCAD turns ahead of Fib support / TL resistance Read More →

Talking Points: - USDOLLAR Remains Vulnerable on Dovish FOMC Minutes - British Pound Bounces Off of Former Support- Lower High in Place? Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10557.43 10567.72 10549.11 -0.04 50.98% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Looking for Lower High as Bearish Read More →

Talking Points: - GBPUSD continues slide after weak labor data. - EURUSD hits former trendline at 1.3760/70. - Both EURUSD and GBPUSD will find direction after FOMC. To keep up with developments central banks and their policy changes, be sure to sign up for Read More →