DailyFX Blog | Talkmarkets | Page 1
Forex Trading News & Analysis
Contributor's Links: DailyFX

DailyFX, the free news and research website of leading forex and CFD broker FXCM, delivers up-to-date analysis of the fundamental and technical influences driving the currency and commodity markets. With nine internationally-based ... more

All Contributions

Latest Posts
1 to 16 of 2565 Posts
1 2 3 ... 161
USD/JPY Weakness To Persist On Dovish FOMC Minutes
The Japanese Yen outperforms its major counterparts going into the last full-week of November, and USD/JPY may continue to give back the rebound from the 2017-low.
Slowing Canada Consumer Price Index (CPI) To Curb USD/CAD Weakness
Canada’s Consumer Price Index (CPI) is anticipated to slow down for the first time since June, and signs of easing price pressures may generate a near-term rebound in USD/CAD.
Crude Oil Prices May Fall As Gold Gains Amid Risk Aversion
Crude oil and gold prices found little impetus for trend development over the past 24 hours, languishing within familiar congestion ranges. Gold prices remain wedged within a would-be bearish Triangle chart pattern.
GBP/USD Remains Bid As BoE Officials Endorses Normalization Cycle
The broader outlook for GBP/USD remains constructive as it preserves the upward trend from earlier this year, with the pair at risk of threatening the range-bound conditions from earlier this month amid the failed attempts to test the November-low.
EUR/USD Churn Continues As Shooting Star Shows: A Bullish And A Bearish Case
The primary obstacle to the bullish side of the Euro or EUR/USD appears to be technical in nature as that recent topside advance was rebuffed by October resistance.
US Dollar Bias Shifts To Neutral As New Range Is Carved Out
The US Dollar's sharp rebound yesterday seemingly out of nowhere - the October US Advance Retail Sales and CPI reports were rather uninspiring - suggests that traders aren't ready to throw in the towel on the greenback just yet.
Gold Prices Look To Fed-Speak For Possible Breakout Trigger
Gold prices retreated from intraday highs after upbeat US CPI and retail sales data crossed the wires. Crude oil prices digested losses after yesterday’s sharp sell-off.
British Pound May Fall As US Dollar Gains On BoE, Fed Comments
October’s UK retail sales statistics headline a lackluster data docket. A narrow improvement from the prior month is expected but whatever comes seems unlikely to mean much for near-term BOE monetary policy, and thereby for the British Pound.
Crude Oil Prices Eye Inventory Data After Largest Drop In 2 Months
Crude oil prices sank suffering the largest daily loss in two months, after the IEA lowered its demand outlook and predicted a firm new floor has not been established.
Continued Drop In Private Investment Worries The Economy
China’s private investment in fixed assets slowed down for the fourth consecutive month: In October, the growth rate dropped to 5.8%, the lowest level in 2017.
AUD/USD Bounces Along Channel Support Ahead Of Australia Employment
AUD/USD carves a bearish series after clearing the October-low (0.7625), but another 18.8K expansion in Australia Employment may temper the recent decline in the exchange rate as it instills an improved outlook for growth and inflation.
Are Euro Bears Done?
With prices now testing the prior batch of swing-highs that runs from 1.1837-1.1880, the prospect of bullish continuation appears to be growing more likely.
DXY Index Slammed Down To Key Support Ahead Of US CPI, Retail Sales
The US Dollar took a major step back yesterday, crashing out of its three-week range and two-month uptrend. With 94.19 lost as support, attention has quickly shifted to the October 26 bullish outside engulfing bar low.
Softening U.S. CPI, Retail Sales To Thwart EUR/USD H&S Formation
A downtick in the U.S. Consumer Price Index (CPI) paired with a soft reading for Retail Sales may fuel the near-term recovery in EUR/USD as it undermines the Federal Reserve’s scope to further normalize monetary policy in 2018.
US Dollar May Overlook CPI Data As Tax Cut Prospects Fade
With a Fed rate hike all but priced in already for December, it is possible that speculation about US tax reform and its impact on next year’s FOMC stance will overshadow the CPI report.
U.S. Dollar Sell-Off Targets Initial Support
The release of the U.S. Consumer Price Index (CPI) tomorrow with the event likely to spark increased volatility in the USD crosses.
1 to 16 of 2565 Posts
1 2 3 ... 161