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Gold, Crude Oil Outlook Clouded as Standby Patterns Break

Talking Points Crude Oil, Copper Follow European Stocks Lower Amid Risk Aversion Gold and Silver Curiously Under Pressure Despite US Dollar Weakness Fed Beige Book Survey Eyed Amid Continued Fed “Taper” Speculation Commodity prices are under pressure as risk aversion sweeps financial markets in Read More →

Forex: Euro and Pound May Rise on PMIs, Dollar Eyeing Fed Beige Book

Talking Points Euro, British Pound May Rise on Last Round of August PMI Data US Dollar Looks to Beige Book Survey for Fed QE “Taper” Clues Aussie Dollar Outperforms as 2Q GDP Bolsters On-Hold RBA Bets The revised Eurozone Composite PMI gauge is expected Read More →

Forex: Dollar Presents Greatest Breakout Risk in Four Months Ahead of NFPs

Talking Points: Dollar Presents Greatest Breakout Risk in Four Months Ahead of NFPs Japanese Yen Crosses Rally but Trend as Uncertain as Nikkei 225 Climb Australian Dollar Rallies after RBA Skips ‘Scope’ Language for Further Cuts Dollar Presents Greatest Breakout Risk in Four Months Read More →

AUDUSD Rebound at Risk as Growth Slows- Key Levels to Watch

- Australia 2Q GDP to Highlight Slowing/Uneven Recovery - Slower Growth to Drag on AUDUSD- Renew Bets for More Dovish RBA Trading the News: Australia Gross Domestic Product The slowing recovery in the Australian economy may prompt a further selloff in the AUDUSD Read More →

USD Coiling Up Ahead of Fed’s Beige Book- Topside Break on Tap

The near-term correction in the Dow Jones-FXCM U.S. Dollar Index should provide a buying opportunity as the bullish trend continues to take shape. Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10792.96 10810.05 10783.09 -0.07 56.00% USDOLLAR 30-Minute Chart - Created Using FXCM Marketscope 2.0 Near-term resistance: 10,803 Read More →

Syria Worries Wear Off, But Pound Higher Ahead of the BoE Meeting

Syria worries wear off as Israel takes responsibility for the missile launch Australian Dollar rises on a change of RBA tone Pound slightly higher ahead of the BoE meeting Want to trade with proprietary strategies developed by FXCM? Find out how here. The biggest Read More →