Trading the News: Preliminary U.S. Gross Domestic Product The preliminary 2Q U.S. GDP report may act as a fundamental catalyst to spark a near-term rally in the U.S. dollar as we anticipate an upward revision in the growth rate. What’s Expected: Time of Read More →

The Australian and New Zealand Dollars followed Asian stocks higher overnight as investors digested Syria-linked jitters and awaited new fodder for speculation. Talking Points Aussie, NZ Dollars Rise with Asian Stocks Syria-Linked Risk Aversion Recedes Euro at Risk if Soft German CPI Data Read More →

Dollar Gains but Trend First Requires a Serious Breakout British Pound: BoE’s Carney Says QE Possible, Cable Rebounds Above 1.5500 Japanese Yen Rally Stalled as Nikkei and Carry Trade Put in a Weak Bounces Euro Looks for Volatility - Not Trend - With Read More →

Trading the News: Preliminary U.S. Gross Domestic Product The preliminary 2Q U.S. GDP report may act as a fundamental catalyst to spark a near-term rally in the U.S. dollar as we anticipate an upward revision in the growth rate. What’s Expected: Time of Read More →

Chart Created Using FXCM Marketscope 2.0 Technical Outlook Interim support 96.55/74 (61.8% Retracement / 50% Fib Extension) Interim resistance 97.65/72 (50% Retracement / Read More →