FX News

Talking Points - Inflation data from Europe and the US important for short-term growth. - QE3 taper: likely to happen on Wednesday, but only a minor step down of $10B. - QE3 taper: Fed will indicate drawdown of QE3 will gradual, not in Read More →

Talking Points USDJPY correction gaps into support ahead of FOMC Scalp bias shifts to the long side above 98.42 Updated scalp targets and key thresholds heading into this week’s major event risk USDJPY Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook USDJPY gaps lower on Read More →

- USDOLLAR Gaps Lower on Speculation for Fed Chairmanship - Australian Dollar Hits Fresh Monthly High as Risk Sentiment Tracks Higher Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10610.77 10619.48 10584.14 -0.50 73.33% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Struggles to Hold August low (10,646); Read More →

- Dollar breaks key lows ahead of FOMC decision - Large declines in US interest rates very USD bullish - Low volatility prices suggests further losses less likely The US Dollar has thundered lower to start the week’s trade on similarly dramatic moves Read More →

Summers withdraws bid for Fed Chief Empire Manufacturing at a four month low US Dollar sets a 58 point gap Want to trade with proprietary strategies developed by FXCM? Find out how here. A look back at the past 24 hours of Forex trading Read More →

Talking Points - Light calendar to start week; markets remain fixated on the Fed’s September taper. - Only Euro-Zone data this week is due on Monday. - Fundamental trends allowed to develop – here’s what we’re watching this week. To keep up with the Read More →