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USD Looks Ready to Close Near the Weekly Open Despite High-Risk Events

Talking Points: NFP release fails to knock the US Dollar out of its 2-week range Greenback looking ready to close near the weekly open A look back at the past week of Forex trading using movements in the US Dollar Index: US Dollar 1-Hour Read More →

With UK Inflation Expectations Rising, GBP/JPY Catches a Lift

Talking Points: - BoE/GfK 12-month CPI Expectation: +3.6% versus +3.2% expected (y/y). - Euro best performer in wake of ECB policy meeting. - All eyes on US NFPs at 08:30 EST/13:30 GMT. To keep up with the European data and news as the week Read More →

Forex: US Dollar Outlook Clouded on Conflicting Clues Before Jobs Data

Talking Points: Japanese Yen Falls as Nikkei 225 Rallies on GPIF Portfolio Reallocation US Dollar Gains as Traders Look Ahead to November’s US Jobs Report Leading Economic Data Offers Mixed Clues on US Labor Market Health Get Real-Time Feedback on Your Trades with DailyFX Read More →

NFP to Steer Fed Guidance- USD Outlook Hinges on Taper Bets

- U.S. Non-Farm Payrolls to Climb 185K, Unemployment Rate to Narrow to 7.2% - NFP(OCT) Topped Market Forecast for the First Time in the Last Four Prints Trading the News: U.S. Non-Farm Payrolls The U.S. economy is expected to add another 185K jobs Read More →

Forex: Dollar Faces NFPs, Unresolved Taper Issues and an 11-Day Range

Talking Points: Dollar Faces NFPs, Unresolved Taper Issues and an 11-Day Range Euro Rallies as Stimulus Deferred at Least a Month British Pound Loses Ground Despite BoE Hold, Growth Upgrade Dollar Faces NFPs, Unresolved Taper Issues and an 11-Day Range The Dow Jones FXCM Dollar Read More →

USD Bias Hinges on NFP- Bullish Euro Setup Targets 1.37 on ECB

Talking Points: - USDOLLAR Retains Range-Bound Price Action Ahead of Non-Farm Payrolls (NFP) - Bullish Euro Momentum Gathers Pace on Less-Dovish European Central Bank (ECB) Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10628.54 10659.83 10613.56 -0.10 97.85% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Remains Stuck in Read More →