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Forex: Dollar May Rise as Fed Minutes Disappoint QE Taper Delay Bets

Talking Points: Aussie, Kiwi Dollars Correct Lower After Yesterday’s China-Driven Rally British Pound Unlikely to Find Lasting Support from BOE Meeting Minutes US Dollar May Rise as FOMC Minutes Disappoint QE “Taper” Delay Bets Get Real-Time Feedback on Your Trades with DailyFX on Demand! The Read More →

GBPUSD to Threaten Key Resistance on Hawkish BoE Minutes

- Bank of England (BoE) Minutes to Show Unanimous Vote - Was There Talk to Shift Forward-Guidance? Will They Promote Stronger Cable? Trading the News: Bank of England Minutes The British Pound may make a more meaningful run at the 1.6300 handle in Read More →

USDCAD Scalps Target Topside Objectives- Bullish Above 1.04

Talking Points USDCHF reversal off key support / momentum rebound keeps focus higher Looking to buy dips above 1.04- bullish invalidation Key US & Canadian event risk on tap this week USDCAD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook USDCAD rebounds off Fibonacci support Read More →

Graphic Rewind: US Dollar Falls to a Weekly Low on PBOC Yuan Reforms

Talking Points: US Dollar declines on announcement of looser Yuan controls RBA minutes send greenback lower against the Aussie A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Dollar 15-Minute 12:00 11/18 to 12:00 Read More →

USD Outlook Hinges on FOMC Minutes- AUD Breaks Out on RBA

Talking Points: - USDOLLAR Extends Decline Ahead of Federal Open Market Committee (FOMC) Minutes - Australian Dollar Breaks Out as Reserve Bank of Australia (RBA)Endorses Neutral Stance Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10558.94 10568.56 10538.55 -0.09 59.24% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Downward Read More →

EUR/USD Failing to Retake Former Trend, Gain Traction above 1.3500

Talking Points: - OECD cuts 2014 global growth forecast to +3.6% from +4%. - Euro-Zone ZEW sentiment hits seven-year high. - European currencies under pressure since beginning of trading session. To keep up with the European data and news as the week goes forward, Read More →