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Graphic Rewind: US Dollar Sets a 2-Month Low on Pound and Aussie Gains

Talking Points: US Dollar falls against the Aussie on improved Chinese trade data Cable rallies on improved BoE economic forecasts Euro dives against USD on Coeure’s comments on negative deposit rate A look back at the past 24 hours of Forex trading using movements Read More →

Gold Tests Key Resistance At $1291 Following Yellen Testimony

Talking Points Gold Extends Gains as US Dollar Dips Post Yellen Testimony Fed Speak and Inventories To Offer Cues For Crude Oil Trader Sentiment Index Suggests Gold Rally To Continue Gold soared to the highest level in more than 2 months, while crude oil Read More →

GBP/USD Breakout May be Leading GBP/AUD after BoE

Talking Points: - British Pound surges across the board after BoE's QIR. - GBPUSD breakout provoked by Yellen - Carney carrying the load now. - GBPAUD steadies near range support and heads towards breakout level. To keep up with developments regarding central banks and Read More →

Bank of England Inflation Report: Possible Scenarios for the British Pound

Talking Points: All Eyes on BOE Inflation Report to Set the Near-Term British Pound Trend Sterling Likely to Fall if the BOE Opts to Lower its Target Unemployment Rate Unchanged Guidance to Boost GBP, But Follow-Through May Disappoint The release of the Bank of Read More →

Forex: Dollar Confirms Longest Tumble in 3 Years After Yellen Testimony

Talking Points: Dollar Confirms Longest Tumble in 3 Years After Yellen Testimony British Pound: BoE to Reconcile Traders and Bank’s Divergent Outlook Euro Outlook Mixed between Growth Forecast Growth Upgrades, Fitch Warning Dollar Confirms Longest Tumble in 3 Years After Yellen Testimony Janet Yellen delivered Read More →

British Pound to Target Fresh Highs as BoE Preserves Forward-Guidance

- Bank of England (BoE) Seen Adopting Fed-Style Interest Rate Forecast - Will BoE Lower the Unemployment Threshold from 7%? Trading the News: Bank of England Inflation Report The Bank of England’s (BoE) Inflation Report may produce fresh highs in the British Pound Read More →