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Graphic Rewind: USD Sets Another Two-Month High on Improved Employment Data

Talking Points: USD sets another 2-month high on improved employment Aussie falls against the Dollar on a disappointing GDP A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Dollar 15-Minute 12:00 12/03 to 12:00 Read More →

GBPAUD Long Scalps Eye Key Resistance- Bullish Above 1.79

Talking Points GBPAUD at near-term resistance 1.8187 – 1.8200 Broader bias remains weighted to the topside above 1.79 Looking to buy dips/breaks of resistance Key data prints out of Australia & UK over the next 24hours GBPAUD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPAUD Read More →

USD Clears Resistance Ahead of 3Q GDP- AUD at Risk for Lower Low

Talking Points: - USDOLLAR Needs to Close Above Resistance to Maintain Bullish Bias - Australian Dollar Continues to Search for Support; Looking for Lower Low? Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10663.38 10669.31 10613.16 0.45 122.69% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Want to See Read More →

Euro and Pound Resume Rally against Commodity Bloc Despite Softer Data

Talking Points: - UK PMI Construction (NOV): 60.0 versus 62.0 expected. - Euro-Zone GDP (3Q P): -0.4% as expected [y/y]. - Aussie taking a big spill, down over -1% across the board. To keep up with the European data and news as the week Read More →

Euro and Pound Resume Rally against Commodity Bloc Despite Softer Data

Talking Points: - UK PMI Construction (NOV): 60.0 versus 62.0 expected. - Euro-Zone GDP (3Q P): -0.4% as expected [y/y]. - Aussie taking a big spill, down over -1% across the board. To keep up with the European data and news as the week Read More →

Forex: Euro Looks to PMI, GDP Data to Set Stage for ECB Meeting

Talking Points: Euro May Fall if Soft PMI, GDP Data Stoke ECB Easing Speculation Australian Dollar Falls as 3Q GDP Disappoints, Kiwi Dollar Follows Get Real-Time Feedback on Your Trades with DailyFX on Demand! All eyes are on the Euro as a round of Read More →