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USDOLLAR Outlook Mired by Downside Inflation Risk- CPI in Focus

Talking Points: - USDOLLAR Fails to Break Monthly Opening Range as FOMC Highlights Downside Risk for Inflation. - USD/JPY Extends Advance on Dovish BoJ- RSI Resistance in Focus. - GBP/USD Rebounds from Fresh Monthly Low as BoE Sees Greater Risk for Inflation. For more Read More →

Scalping the EURNZD Recovery- Interim Resistance 1.5980

Talking Points EURNZD breaks weekly opening range on outside reversal- bullish Scalps target topside correction / short entries higher up Event risk on tap this week EUR/NZD Daily Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURNZD posts daily outside reversal off TL confluence (2013 Median Line Read More →

EUR/USD to Carve Near-Term Top on Hawkish FOMC Minutes

- Federal Open Market Committee (FOMC) Concludes QE Program at October 29 Meeting - Will the Fed Implement Hawkish-Twist to the Forward-Guidance for Monetary Policy? Trading the News: Federal Open Market Committee (FOMC) Minutes The Federal Open Market Committee (FOMC) meeting minutes may Read More →

EUR/USD, GBP/USD Attempt Reversals, AUD/USD Loses Channel Pre-FOMC

Talking Points: - EURUSD, GBPUSD sitting near highs of day. - AUDUSD falls back out of October range. - See the 'high' importance events on the DailyFX Economic Calendar. Today's FOMC Minutes are particularly important to traders because they will undoubtedly address the ending Read More →

US Dollar Gains as Foreign Demand Hits Record, FOMC Minutes on Tap

Talking Points: US Dollar Gains on FOMC Minutes Pre-Positioning, Supportive TICs Data Pound May Fall if BOE Minutes Reveal Hawks Abandoned Rate Hike Votes See Economic Releases Directly on Your Charts with the DailyFX News App The US Dollar outperformed in overnight trade, rising Read More →

Dollar Traders Whether FOMC Minutes Will Keep the March Towards Hikes

Talking Points: Dollar Traders Whether FOMC Minutes Will Keep the March Towards Hikes British Pound Fails to Regain Traction after CPI Uptick Yen Crosses Steady after Snap Election Call, Will the BoJ Help Soothe Uncertainty? Dollar Traders Whether FOMC Minutes Will Keep the March Read More →