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Graphic Rewind: US Dollar Retests a 3-Month High Despite Lower Inflation

Talking Points: US Dollar index touches a 3-month high on the day before the FOMC decision GBP/USD falls on lower than expected inflation US Dollar rally pauses on disappointing inflation A look back at the past 24 hours of Forex trading using movements in Read More →

EUR/GBP Nears Critical Juncture After UK CPI, German ZEW Data

Talking Points: - German and Euro-Zone December ZEW Surveys blow by expectations. - UK CPI a touch softer as stronger British Pound insulates purchasing power. - Expecting price action to calm ahead of FOMC tomorrow. To keep up with the European data and news Read More →

Forex: Euro, Pound May Not Find Strength in Upbeat CPI and ZEW Data

Talking Points: Pound May Not Find Lasting Upside Momentum if CPI Tops Expectations Stronger German ZEW Data Unlikely to Offer Substantial Boost to the Euro NZ Dollar Gains as the Government Cuts Bond Sale Plans, Projects Surplus Get Real-Time Feedback on Your Trades with Read More →

Forex: British Pound May be at Risk from CPI if Rate Forecasts Over-Extended

Talking Points: Dollar Churns Ahead of US CPI, FOMC Decision British Pound May be at Risk from CPI if Rate Forecasts Over-Extended Euro Offers Modest Gains on Questionable, Clean Bill of Health Dollar Churns Ahead of US CPI, FOMC Decision We are inching closer to Read More →

Euro and Pound Begin Rebound versus Australian and New Zealand Dollars

Talking Points: - Euro-Zone PMI surveys (DEC) mixed; Manufacturing gains, Services eases, Composite improves overall. - Expecting relatively constrained price action the first few days of the week with FOMC on Wednesday. - Only light amount of data on European and North American Read More →

Forex: Euro May Fall on Soft PMIs, Yen Gains on Pre-FOMC Jitters

Talking Points: Euro May Fall if a Disappointing PMI Data Set Drives ECB Stimulus Yen Rallies, Aussie Falls as Pre-FOMC Jitters Trigger Risk Aversion Fundamental Support for “Tapering” Fed QE Appears to be in Place Get Real-Time Feedback on Your Trades with DailyFX on Read More →