FX News

Talking Points: - USDOLLAR Continues to Carve Higher High; Threatens Former Support - Australian Dollar Searching for Support; RSI Threatens Oversold Territory Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10640.03 10661.05 10616.87 -0.05 88.76% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Retails Bullish Trend; Former Support Providing Read More →

Talking Points: - No European data this morning; BoE’s Carney offers little for Sterling. - US economic calendar sees several key events due. - Rotation from commodity bloc into European currencies continues. To keep up with the European data and news as the week Read More →

Talking Points: - US markets on holiday schedule Wednesday to Friday. - Few important calendar releases – start on Tuesday. - Little follow through expected this week. Trading conditions around holidays tend to be less exciting as traders (literally) step away from their desks, Read More →

Talking Points: British Pound May Fall on Dovish Lean in BOE Officials’ Testimony US Dollar Fell in Asia as Soft Economic Data Dented QE Taper Bets November’s US Consumer Confidence Report May Be Disappointing Get Real-Time Feedback on Your Trades with DailyFX on Demand! The Read More →

Talking Points EURNZD makes clean weekly opening range- Scalps eye breakout Looking to buy dips above 1.6360/71- bullish invalidation Caution: New Zealand & Eurozone event risk ahead amid thin holiday trade EURNZD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURNZD fails at near-term resistance- Read More →

- Japanese Yen remains our trading focus for the week ahead - Our sentiment-based trading strategies are positioned to sell JPY - Low forex volatility prices favors range trading in other pairs The Japanese Yen remains the worst-performing major currency, and our sentiment-based Read More →