Daily Forex & Commodity Trading News
TRADING THE NEWS
Tuesday, 22 April 2014 21:00 GMT
The AUD/USD faces a greater risk of carving a near-term top in April should Australia’s 1Q CPI reading fail to meet market expectations.
US DOLLAR DAILY
Tuesday, 22 April 2014 14:20 GMT
The Dow Jones-FXCM U.S. Dollar Index remains at risk of giving back the advance from October (10,354), while the AUD/NZD & EUR/GBP setups remain in focus.
Euro Market Opening Brief
Wednesday, 23 April 2014 04:47 GMT
The Australian Dollar sank as soft first-quarter CPI data eroded RBA rate hike bets. The Euro may decline if April’s PMI figures bolster the case for added ECB stimulus.
Top FX Headlines
Wednesday, 23 April 2014 07:00 GMT
Over the course of a few short weeks, the price of Gold looks particularly vulnerable as all three catalysts behind the 2014 rally have seemingly disappeared.
Tuesday, 22 April 2014 04:04 GMT
A quiet start to the week was to be expected given the extended holiday weekend for much of the world. While US markets were online Monday, the absence of European liquidity took its toll on conviction.
Thursday, 17 April 2014 07:42 GMT
David de Ferranti
The precious metals may take their next leg lower if tensions in Eastern Europe fail to bolster safe-haven demand for the commodities.
DAILY TRADING VIDEO
Friday, 18 April 2014 23:26 GMT
What could have come of the recent swell in risk aversion had the holiday liquidity drain not been there to curb the tide? We may not have to wonder too much longer.