Economic News
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Dollar Range Sets Another Dangerous Low
Posted in Economic News Talking Points: Dollar Range Sets Another Dangerous Low Euro: The Pressure Mounts for the ECB to Ease Australia Dollar Bulls Show Relief in Status Quo ...May 06, 2014 – 12:40» More..
RBA Holds Rates Steady at 2.5%, AUDUSD Little-Changed
Posted in Economic News Talking Points: RBA Keeps Headline Rate Unchanged at 2.50 Percent Australian Dollar Rises versus US Dollar Following Data Release Neutral Monetary Policy Tone The Reserve Bank of Australia (RBA) kept its headline rate unchanged at 2.50 ...May 06, 2014 – 12:25» More..
AUD/JPY Stumbles Ahead of RBA Decision As Trade Surplus Narrows
Posted in Economic News Talking points: Aussie Dollardipped slightly ahead of the RBA policy meeting on a disappointing trade balance reading ABS reports a trade surplus of $A731M down from $A1257M in February while economists expected $A1000M Declining surplus ...May 06, 2014 – 12:00» More..
Trading Video: Fresh Extremes for USDollar, EURUSD and USDJPY
Posted in Economic News Talking Points: • Activity levels continue to collapse - leveraging the risk of heavy breakouts as conditions 'normalize' • USDollar joined the crowd of extremes with one of the smallest trading ranges on record ...May 06, 2014 – 10:20» More..
Forecast: Make or Break for EURUSD May Rest with the ECB
Posted in Economic News Talking Points: • The ECB's rate decision is arguably the most potent, known event risk this week • While risk trends always override fundamental themes, there is no immediate risk of drive on the docket ...May 06, 2014 – 00:34» More..
USD/JPY Looks Towards Resistance on Improved US Services Activity
Posted in Economic News Talking Points: US ISM Non-Manufacturing reaches a 9-month high US PMI Services improved from earlier April reading USD/JPY heads towards resistance Want to trade with proprietary strategies developed by FXCM? Find out how ...May 05, 2014 – 21:49» More..
Economic Calendar: Euro and Australian Dollar to Face Central Bank
Posted in Economic News Talking Points: -Australian Dollar faces RBA, Employment Figures and a Statement on Monetary Policy. -Canadian Dollar is at risk if data falters in 2Q, housing sector at risk of correction. -Euro crosses face the risk of verbal intervention from ...May 05, 2014 – 17:00» More..
AUDJPY Plunged after China PMI Point to Further Weakness in Economy
Posted in Economic News Talking points HSBC ChinaManufacturing PMI 48.1 in April vs. 48.4 Expected and 48.3 Prior AUD/JPY falls as markets shift to the Yen in a risk averse move USD/JPY drops below a key technical level at 102.00 The Australian Dollar dropped ...May 05, 2014 – 10:04» More..
Euro Waits for ECB Balancing Act as Data Bump Limits Policy Reaction
Posted in Economic News Fundamental Forecast for Euro: Neutral - The EURUSD’s low volatility slumber may finally be ending in the wake of a very mixed US Nonfarm Payrolls report. - EURUSD may be on the verge of breaking its two month consolidation if prices move ...May 03, 2014 – 22:30» More..
Graphic Rewind: GDP Miss and NFP Beat Leave USD Near the Weekly Open
Posted in Economic News Talking Points: US Dollar Index closes the week less than 20 points away from the open Greenback falls on a significant GDP miss Better than expected NFP’s send the greenback to a 3-week high A look back at the past week of Forex ...May 03, 2014 – 04:29» More..