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Preview for December US NFPs and Implications for USDOLLAR

Talking Points: - EUR/USD stuck to $1.0800/50 zone. - Chinese equities rebound after circuit breaker is removed - which makes perfect sense. - Too strong of a print, and USD/JPY likely puts in a doji for the day. It's the last US labor market Read More →

EUR/USD Rebound to Fizzle on Strong U.S. NFP Report

- U.S. Non-Farm Payrolls (NFP) to Expand 200+K for Third Month. - Average Hourly Earnings to Increase Annualized 2.8%- Fastest Pace of Growth Since Series Began in 2010. For more updates, sign up for David's e-mail distribution list. Trading the News: U.S. Non-Farm Read More →

Why Does Yuan Devaluation Hurt Chinese Stock Markets?

Talking Points: Retail Dominance of Chinese Stock Trading May Explain Yuan Relationship US Dollar May Rise Amid Renewed Risk Aversion on Firm Payrolls Report Gauge Trends and Spot Reversals in Leading Currencies with DailyFX SSI Sentiment trends continued to drive currency market price action Read More →

Risk Appetite Lifts Oil and Metals as China Signals Yuan is Manageable

Talking Points: A slightly higher yuan fix turned the market around and revived risk appetite Gold lowered with safe haven assets amid growing market optimism Oil was best performer as market regains confidence in China’s growth Copper stabilized in usual range with support from Read More →

Strong Trend Favors USD/CNH Gains, but Watch this Key Risk

- Risk builds for Chinese Yuan given continued weakness, fresh five-year lows - Strong volatility in Chinese markets reinforces risk - Threat of potential government reactions makes holding USD/CNH positions risky Sharp volatility in Chinese financial markets has helped push the Chinese Yuan Read More →

How Did China’s Regulators Respond to Further Stock Market Tumbles?

- PBOC said it maintains its ability to maintain yuan’s relative stability. - Chinese securities announces it will suspend its circuit-breaker system from January 8. - China approved new IPOs despite the crash at the secondary market. Chinese News Outlet #1 Source: People’s Bank Read More →