Economic News

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Gold and Silver Face Make-Or-Break Moment Ahead Of US NFPs

Posted in Economic News Talking Points Gold and silver tease at a break below key support ahead of Non-Farm Payrolls Ebbing Ukrainian concerns may prompt further unwinding of fear-positioning in gold Base metals vulnerable to further declines on disappointing Chinese ...

May 02, 2014 – 13:30» More..

Trading Video: Which EURUSD and GBPUSD Breakout Would I Trade?

Trading Video: Which EURUSD and GBPUSD Breakout Would I Trade?

Posted in Economic News Talking Points: • Activity levels have plunged to even further extreme with EURUSD carving a range of less than 30 pips • History shows such extremes do not last and the NFP release offers another opportunity to ignite activity ...

May 02, 2014 – 09:24» More..

Graphic Rewind: USD Sets A New Low Despite Manufacturing Improvements

Posted in Economic News Talking Points: US Dollar hits a new 2-week low despite ISM gains UK PMI Manufacturing beat sends GBP/USD higher A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Dollar 15-Minute 12:00 04/30 to ...

May 02, 2014 – 04:38» More..

11 Straight Monthly Gains by US Manufacturing Not Enough to Help Buck

Posted in Economic News Talking Points: - ISM Manufacturing PMI at yearly high, 54.9 (low of 51.3 in January). - Weak construction data highlights fragility of US housing market in Q1. - USDJPY trades back to European/North American session lows near ...

May 01, 2014 – 21:45» More..

Live Event: FOMC Decision Will Help Decide USD Trend if Not Volatility

Live Event: FOMC Decision Will Help Decide USD Trend if Not Volatility

Posted in Economic News Talking Points: • The immediate reaction to the FOMC rate decision for USD and risk was staid • This is an event that contadicts an early GDP release for yield forecast and amplifies possible 'risk off' ...

May 01, 2014 – 05:42» More..

Graphic Rewind: USD Bulls Lose Confidence Ahead of Friday NFP Release

Posted in Economic News Talking Points: Greenback index falls to a 9-day low after weak GDP release Euro takes gains against USD despite inflation miss A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Dollar 15-Minute ...

May 01, 2014 – 00:48» More..

EUR/USD Threatens Trendline Resistance Before FOMC- Breakout on Tap?

Posted in Economic News - Federal Open Market Committee (FOMC) to Reduce QE by Another $10B. - FOMC Meeting Minutes Due Out on May 21. Trading the News: Federal Open Market Committee ...

Apr 30, 2014 – 18:50» More..

FOMC, NFPs Best Bets to Stir US Yields, EUR/USD from Low Vol Slumber

Posted in Economic News Talking Points: - EURUSD remains poised to funnel into triangle vertex by next week. - USDJPY’s lack of enthusiasm for US equity rally can be attributed to lack of yield momentum. - US yields have been ranging; 10YY between 2.58% and ...

Apr 30, 2014 – 18:10» More..

USDJPY Faces Resistance; BOJ Kuroda Gauges April Tax Hike’s Impact

Posted in Economic News The Japanese Yen was little-changed following comments made by BOJ Kuroda in a conference earlier today following the economic outlook report. Earlier today the Bank of Japan (BOJ) refrained from expanding monetary stimulus. “The Japanese ...

Apr 30, 2014 – 14:35» More..

Euro Plunges Lower as German Inflation May Raise Flags for the ECB

Posted in Economic News Talking Points: German inflation misses expectations for April ECB warns of possible action if prices threaten recovery EUR/USD plunges 45 pips on the CPI release Want to trade with proprietary strategies developed by FXCM? Find out how ...

Apr 29, 2014 – 19:53» More..