FX News

Talking Points: US Dollar declines 100 pips against the Aussie on a less-dovish RBA Greenback also falls against the Pound on UK PMI for construction A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Read More →

- NZ Employment to Rise 0.6%, Jobless Rate to Slip to 6.0% (Lowest Since 2Q 2009) - Job Growth has Topped Market Forecast During the Last Three-Straight Quarter Trading the News: New Zealand Employment Change Job growth in New Zealand is expected to Read More →

Talking Points: Markets Look to “Fed-Speak” Hoping for a Respite from Risk Aversion Aussie Dollar Rallies as RBA Talks Down Interest Rate Cut Speculation British Pound Modestly Higher as UK Construction PMI Tops Forecasts A relatively quiet US economic calendar puts “Fed-speak” in the Read More →

Talking Points WTI Plunges Back Below $97 on Disappointing ISM Manufacturing Data Silver and Copper Technicals Suggesting Short-Term Corrective Bounce Dovish Tone From Fed Speakers May Support Crude Oil and Copper Crude oil has extended its recent declines following a disappointing set of US Read More →

Talking Points: Dollar Posts Uneven Gains as Equities Collapse Yen Crosses Suffer Universal Decline, Risk Aversion is Spreading Australian Dollar Surges after RBA Holds Rates Steady Dollar Posts Uneven Gains as Equities Collapse Equities, high yield bonds and FX-based carry trade all collapsed to open Read More →

Talking Points: - Three central bank decisions: RBA, BoE, and ECB. - Canadian and US labor market data on Friday. - Investors are becoming more and more worried about the end of monetary stimulus. Volatility is starting to swell and it couldn’t come at Read More →