Gold may rise on recovering anti-fiat demand as minutes from the last FOMC meeting and Ben Bernanke’s testimony dent bets on a reduction in the size of QE3. Talking Points Gold, Silver May Rise as Bernanke, FOMC Minutes Support QE Status Quo Crude Read More →

The Yen yielded a mute response after the Bank of Japan kept monetary policy unchanged. Minutes from May’s Bank of England meeting are on tap ahead. Talking Points Japanese Yen Little Changed as BOJ Keeps Monetary Policy Mix Unchanged British Pound Vulnerable Before Read More →

Dollar Steady Through Fed Chatter, Bernanke and FOMC Minutes Due Japanese Yen Rebound Stalls as Amari Muddles Yen Unease, BoJ on Tap Euro Firms as German Growth Outlook Improves, IMF Recommends Stimulus British Pound Tumbles after CPI Data Cools, Will BoE Minutes Signal Read More →

Trading the News: Bank of England Minutes What’s Expected: Time of release: 05/22/2013 8:30 GMT, 4:30 EDT Primary Pair Impact: GBPUSD Expected: -- Previous: -- DailyFX Forecast: -- Why Is This Event Important: The Bank of England (BoE) Minutes may prop up the British Pound as the central Read More →

GBPUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook Third objective at 1.5127 has now been achieved (61.8% retracement of the mid-March rally) Reaction at 1.5127 mark / Daily RSI hold above 40 – Suggests increased risk of near-term pullback Broader bias remains Read More →