FX News

Talking Points: US Dollar Corrected Higher Overnight After Falling Most in Two Weeks Aussie, NZ Dollars Sink as China Warns About Coal Industry Credit Risks Comments from ECB’s Draghi, BOE’s Carney in Focus into the Weekend A lull in high-profile event risk put major Read More →

From its August 2013 (and all time) lows, the Indian Rupee (INR) has recovered about 10% of its value against the Dollar. Looking at the Read More →

Talking Points CADJPY breaks key technical support Medium-term bias backed by fundamental outlook Broader outlook remains weighted to the downside sub-95.78 CADJPY Daily Chart Chart Created Using FXCM Marketscope 2.0 Broader Technical Outlook CADJPY breaks multiple trendline support structures We’ve now taken out the last 6-month range in Read More →

Talking Points: Aussie falls against the Dollar on Chinese PMI Euro rises on better than expected PMI Dollar continues losses on disappointing US data A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Dollar 15-Minute Read More →

Talking Points: - USDOLLAR Searching for Support as Near-Term Correction Gathers Pace - EURUSD Eyes Topside Targets as RSI Breaks Out of Bearish Trend Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10676.26 10721.06 10666.1 -0.25 135.91% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Prefer ‘Selling Bounces’ During Read More →

Talking Points Crude Oil Gains as US Weather Conditions Drive Heating Fuel Demand Bets DOE Inventories Figures May Warn of Increasing Supply and Weigh on WTI Gold Finds Support Above $1,230 But May Decline on Upbeat US News-flow Crude Oil popped above the $96.50 Read More →