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USD Eyes Higher High- Bearish AUD Outlook Points to Lower Low

Talking Points: - USDOLLAR Holds Monthly Range Going Into Last Week of November - Australian Dollar Fails to Hold Key Support; Lower Low on Tap? Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10622.13 10639.33 10612.74 0.05 53.00% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Former Trendline Resistance Read More →

Rotation from Commodity Bloc to European FX Accelerating

Talking Points: - German IFO survey for November improves all around, signaling improving economy. - Commodity currencies remain under pressure after RBA’s Stevens hints at intervention. - Both EUR and GBP benefiting from speculation central banks on hold for next few months. To keep Read More →

Canadian Dollar Risks Further Losses Amid Threat for Deflation

- Canada Consumer Price Index to Slip Below 1.0% for First Time Since May - Core Inflation to Grow 1.2%; Third-Lowest Print for 2013 Trading the News: Canada Consumer Price Index A further slowdown in Canada’s Consumer Price Index may highlight a bearish Read More →

Forex: Euro Vulnerable as ECB Stimulus Bets Defy Draghi Comments

Talking Points: Spotlight on German Data in Europe, Final 3Q GDP and IFO Survey Releases on Tap Eurozone News-Flow Has Underperformed, Warning of Downside Surprise Potential Euro Looks Vulnerable as Evidence Favoring an Expanded ECB Stimulus Effort Builds Get Real-Time Feedback on Your Trades Read More →

Scalping EURAUD Pullbacks- Bias Bullish Above 1.4480

Talking Points EURAUD validates channel break out with breach of November / October highs RBA currency intervention threats to exacerbate AUD weakness Looking to buy dips above 1.4480- bullish invalidation EURAUD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURAUD confirms channel break dating to Read More →

Graphic Rewind: US Dollar Rally Continues into a Second Day After FOMC Minutes

Talking Points: US Dollar continues to see a second day of gains after FOMC minutes ECB Draghi tries to talk down dovish headlines from Wednesday A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Read More →