FX News

Talking Points Crude Climbs Above $97 on Upbeat Confidence Data Commodities Turn to FOMC for Further Guidance Silver Breakout from Consolidation Looks Imminent Crude Oil climbed back above the $97 handle as an upside surprise to the January US Consumer Confidence reading buoyed investors’ Read More →

- Federal Open Market Committee (FOMC) to Taper Another $10B - Ben Bernanke Attends Last Meeting as Fed Chairman Trading the News: Federal Open Market Committee Meeting The Federal Open Market Committee (FOMC) is widely expected to reduce its asset-purchase by another $10B Read More →

Talking Points: Dollar to See a Breakout Regardless of FOMC Outcome British Pound Mixed after ‘In-Line’ 4Q GDP Reading New Zealand Dollar: A Rate Decision Not to Overlook Dollar to See a Breakout Regardless of FOMC Outcome Heading into this week’s top event risk, the Read More →

Talking Points: Quiet European Data Docket Puts Spotlight on Fed Policy Announcement Another $10bn QE Reduction, Unchanged Forward Guidance Expected Yen, Australian Dollar May Underperform on Status Quo FOMC Outcome A quiet economic calendar in European trading hours is likely to see currency markets Read More →

Talking Points USDOLLAR at support ahead of FOMC policy meeting EURUSD, USDCAD & Gold at major inflection points Updated charts, targets and invalidation levels USDOLLAR Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook USDOLLAR sitting on key technical support range 10,648/60- bullish invalidation Break below shifts Read More →

Talking Points: US Dollar rallies against the Pound on a disappointing GDP Greenback touches a two week low on a decline in durable goods orders A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Read More →