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EURUSD – Likely More Bearish w/Greece Vote (4hr chart) On the heels of the anti-euro/austerity party winning the vote in Greece, the Euro was already under massive pressure post ECB QE...
Talking Points:USD/JPY Technical Strategy: Flat Support: 117.64, 115.48, 113.51 Resistance: 119.48, 120.82, 121.91 The US Dollar advanced against the Japanese Yen as expected after putting in a...
Talking Points: US Dollar Technical Strategy: Holding Long Support: 11772, 11715, 11584 Resistance:11888, 11983, 12077 The Dow Jones FXCM US Dollar is testing pivotal resistance marked by a peak...
Talking Points:EUR/USD Technical Strategy: Flat Support: 1.1123, 1.0992, 1.0830 Resistance:1.1254, 1.1416, 1.1516 The Euro is working on clearing a path below the 1.10 figure against the US Dollar as...
EUR/USDThe euro dropped in early Monday as Greece's anti-austerity Syriza party won the country's snap national elections Sunday, according to the first official projections from Greece's Interior...
Because this is the first quarterly release for the fourth quarter of 2014, we are likely to see plenty of market reaction especially considering the jobs market, retail sales, and the housing sector...
RBNZ Interest Rates decision today is expected to remain at 3.50% yet again. With New Zealand’s inflationary pressure still remaining resilient, today’s meeting should not surprise the...
US FOMC Interest Rate decision today is the main focus of the week, especially considering that the Fed’s next move could accelerate USD’s strength as the market is already flooding to the...
US New Home Sales measures another part of the home market and it’s usually a strong indicator for the overall economic condition. A strong release is obviously positive and may add to reasons...
UK Prelim GDP is the probably the most important of the GDP releases out of the three since it’s the first look at Q4 of 2014. Since the last MPC minutes showed unanimity in keeping the current...
On Friday, the AUD weakened 1.24% against the USD to close at 0.7924, extending its previous session losses.LME Copper prices declined 0.88% or $49.5/MT to $5581.0/MT. Aluminium prices declined 0.03%...
On Friday, the USD rose 0.27% against the CAD to close at 1.2425. The CAD came under pressure after Canada’s CPI slid more than anticipated by 0.7% on a monthly basis in December, against market...
On Friday, the USD rose 0.78% against the CHF and closed at 0.8775.In the Asian session, at GMT0400, the pair is trading at 0.8789, with the USD trading 0.15% higher from Friday’s close.The pair...
On Friday, the USD weakened 0.73% against the JPY and closed at 117.75.In the Asian session, at GMT0400, the pair is trading at 117.61, with the USD trading 0.12% lower from Friday’s close.Early...
On Friday, GBP traded marginally lower against the USD and closed at 1.5013, as investors shrugged off Britain’s unexpected gain in its monthly retail sales in December.Retail sales in the UK...