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Forex: Dollar Confirms Longest Tumble in 3 Years After Yellen Testimony

Talking Points: Dollar Confirms Longest Tumble in 3 Years After Yellen Testimony British Pound: BoE to Reconcile Traders and Bank’s Divergent Outlook Euro Outlook Mixed between Growth Forecast Growth Upgrades, Fitch Warning Dollar Confirms Longest Tumble in 3 Years After Yellen Testimony Janet Yellen delivered Read More →

British Pound to Target Fresh Highs as BoE Preserves Forward-Guidance

- Bank of England (BoE) Seen Adopting Fed-Style Interest Rate Forecast - Will BoE Lower the Unemployment Threshold from 7%? Trading the News: Bank of England Inflation Report The Bank of England’s (BoE) Inflation Report may produce fresh highs in the British Pound Read More →

AUDNZD Target Key Resistance- Bullish Scalp Bias at Risk Sub 1.09

Talking Points AUDNZD eyeing key resistance range 1.0882-1.0906 Scalp bias awaiting conviction break of weekly/monthly opening ranges Event risk on tap from Australia & New Zealand this week AUDNZD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDNZD eyes key resistance range 1.0882/1.0906 Weekly opening range Read More →

Graphic Rewind: USD Falls to a Four-Week Low Despite Pro-Taper Yellen Comments

Talking Points: AUD/USD rises 50 pips on mix of Australian data Yellen supports QE taper in first official appearance US Dollar Index falls to a 4-week low A look back at the past 24 hours of Forex trading using movements in the US Dollar Read More →

USDOLLAR Fails to Hold 2014 Range- Support Targets to Watch

Talking Points: - USDOLLAR Pares Decline as Yellen Sees FOMC Staying on Current Path - British Pound to Eye Fresh Highs on More Hawkish BoE Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10622.72 10643.03 10606.71 -0.21 96.19% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 2014 Range in Read More →

EUR/USD and USD/JPY Await Yellen Testimony Near Breakout Levels

Talking Points: - EURUSD and GBPUSD test breakout levels. - USDJPY holding key 101.75 support. - Watch for 'buy the rumor, sell the news.' To keep up with developments regarding US economic data, the Federal Reseve's QE3 taper, and their collective impact on the Read More →