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Forex: US Dollar May Rise on Pre-Positioning Before FOMC Minutes

Talking Points: New Zealand Dollar Underperforms After Comments from NZ FinMin English Yen Sold on BOJ Rate Decision, Pound Down as Soft CPI Dents BOE Outlook US Dollar May Rise as the Markets Ponder Upcoming FOMC Minutes Release The New Zealand Dollar underperformed in Read More →

Gold and Silver End Rally As US Dollar Gains On Souring Sentiment

Talking Points Gold and silver slammed as US Dollar recovers ground Resurgence in risk aversion prompts return to the greenback Crude struggling at key resistance but remains in uptrend Gold is retreating from its highest level in a more than two months as a Read More →

Dollar Finds Relief with First Advance in 11 Days, Will it Last?

Dollar Finds Relief with First Advance in 11 Days, Will it Last? A break in the speculative feedback loop worked in the US dollar’s favor Monday. TheDow Jones FXCM Dollar Index (ticker = USDollar) posted its first gain in 11 trading Read More →

USD Remains at Risk for Further Losses- GBP to Search for Higher Low?

Talking Points: - USDOLLAR October Rebound at Risk- Bearish Momentum in Focus - GBPUSD Outlook Remains Bullish Ahead of BoE Minutes Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10558.64 10561.83 10521.5 0.07 103.30% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Watching Former Support Regions for New Resistance RSI Read More →

US Dollar Likely to Fall Further – What Trades are we Watching?

- US Dollar at risk of further declines as S&P 500 surges - Forex volatility prices have tumbled, putting pressure on USD - Our trading biases favor selling into Dollar bounces The US Dollar is at risk of further declines as a surge Read More →

Gold and Silver Break Higher As US Dollar Dips, Oil Testing Resistance

Talking Points Gold and Silver Continue Gains As The US Dollar Weakens Further Resurgence in Risk Aversion May Prompt Return To The Greenback Crude Oil Encounters Meaningful Resistance Amidst Broader Uptrend Gold and silver continue to power higher as the precious metals space benefits Read More →