Gold prices shot higher despite US economic data boosting the case for a cutback in Fed QE efforts yesterday. The outlook going forward is clouded in uncertainty. Talking Points Gold, Silver Prices Rose Despite “Pro-Taper” Economic Data – Now What? Crude Oil on Read More →

THE TAKEAWAY: Euro-zone inflation remains at 1.6% in July according to final estimate -> Unclear how stagnant inflation will affect ECB policy -> Euro trading unchanged Want to trade with proprietary strategies developed by FXCM? Find out how here. Euro-zone inflation was Read More →

Trading the News: U. of Michigan Confidence A rebound in the U. of Michigan Confidence survey should heighten the appeal of the U.S. dollar as it adds to the argument for the Federal Reserve to taper its asset-purchase program at the Read More →

The outlook for the US Dollar appears clouded after yesterday’s response to “pro-taper” economic data unexpectedly sent the benchmark unit lower. Talking Points Dollar, S&P 500 Yield Divergent Responses to Pro-Taper US Economic Data Fed Policy Speculation Remains in Focus But Outlook Clouded Read More →

Dollar: Why is the Greenback Quiet on a Huge S&P 500 Break? Japanese Yen Sensitive to Carry as Growth Outlook Reaffirms Stimulus Hold British Pound: In Confusion, Improving Growth and Stimulus Outlook Prevails Australian Dollar Looking for a Spark as Market Sees no Read More →