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Graphic Rewind: US Dollar Sways a Bit on Yellen Comments and UK Inflation

Talking Points: US Dollar Index barely changed for the week US Dollar fails to remain lower despite a dovish Yellen A look back at the past week of Forex trading using movements in the US Dollar Index: US Dollar 1-Hour 17:00 11/11 to 12:00 Read More →

Bullish USD Outlook at Risk- AUD Bottoming Ahead of RBA?

Talking Points: - USDOLLAR Fails to Preserves Bullish Momentum; Lower High in Place? - Australian Dollar Holds Key Support Ahead of Reserve Bank of Australia (RBA) Minutes Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10586.11 10615.61 10570.48 -0.13 87.12% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Threatens Read More →

Forex: Euro May Find Outsized Volatility in Revised Inflation Data

Talking Points: Aussie and NZ Dollars Rise, Yen Falls as Risk Appetite Firms in Asian Trade Euro May See Sharp Volatility if October’s CPI Print is Significantly Revised US Dollar Unlikely to Yield Strong Response to Industrial Production Data Get Real-Time Feedback on Your Read More →

Forex: Dollar Strengthens Alongside Equities on Yellen Testimony

Talking Points: Dollar Strengthens Alongside Equities on Yellen Testimony Yen Crosses See USDJPY Above 100, GBPJPY at Four-Year Highs Euro Slips Versus Dollar, Pound after Tepid GDP Data Dollar Strengthens Alongside Equities on Yellen Testimony One of the implicit objectives of the major central banks Read More →

Bullish USD Momentum Falters- GBP Topside Targets in View

Talking Points: - USDOLLAR Struggles as Yellen Backs Highly Accommodative Policy - British Pound Threatening Bearish Momentum Ahead of Bank of England (BoE) Minutes Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10590.42 10625.51 10560.52 0.20 122.54% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Bounces Off of Trendline Read More →

Forex: US Dollar to Extend Gains if Yellen Defies Dovish Presumptions

Talking Points: US Dollar Rebounds as Markets Digest Yellen’s Confirmation Speech Aussie, NZ Dollars to Underperform if Yellen Disappoints Dovish Bets Euro Likely to Fall if Eurozone GDP Data Falls Short of Expectations Get Real-Time Feedback on Your Trades with DailyFX on Demand! The US Read More →