Crude oil and gold prices are on the upswing on optimism about a resolution to the US “fiscal cliff” debacle on the horizon. S&P 500 futures hint more of the same ahead. Talking Points Crude Oil, Copper Follow Stocks Higher on “Fiscal Read More →

So what happened to that Euro decline? As I mentioned in yesterday’s opening comments, there were mass calls for the Euro to drop against the safe haven US Dollar following a rally related to the Greek aid agreement. Instead, the Read More →

The Euro may fall as a soft German jobs report boosts ECB easing expectations while the Swiss Franc is vulnerable if third-quarter GDP data disappoints. Talking Points Euro May Fall as Soft German Jobs Report Boosts ECB Rate Cut Bets Swiss GDP Disappointment Read More →

Dollar Retreats to Channel Support on Fiscal Cliff Musings Euro Recovers from 1.2900 Tip but Little Individual Strength Swiss Franc: SNB’s Jordan Suggests There is No Limit to Stimulus Australian Dollar: Rate Outlook Fading, Risk Trends Firming British Pound Drops Even Against the Dollar Read More →

Trading the News: German Unemployment Change What’s Expected: Time of release: 11/29/2012 8:55 GMT, 3:55 EST Primary Pair Impact: EURUSD Expected: 16K Previous: 20K DailyFX Forecast: 15K to 20K Why Is This Event Important: Unemployment in Germany is projected to increase another 16K in November and the ongoing Read More →