Monday, February 29, 2016

Euro Presses EURUSD Decline, Yen Crosses Drop Outpaces Equities

Euro Presses EURUSD Decline, Yen Crosses Drop Outpaces Equities


Euro Presses EURUSD Decline, Yen Crosses Drop Outpaces Equities

Posted: 29 Feb 2016 08:00 PM PST

It is a clash of the dominant fundamental themes for influence over the markets, and the result is greater volatility.

AUD/USD Muted on Sharp China PMI Drop as RBA Looms

Posted: 29 Feb 2016 07:18 PM PST

Chinese manufacturing PMI had its lowest reading today since November of 2011, coming in at 49.0 in February vs 49.4 expected, signaling even stronger negative growth pressures on Australia’s export demand.

USD/JPY Quiet After Strong Employment Data

Posted: 29 Feb 2016 06:44 PM PST

USD/JPY today saw a muted reaction after strong unemployment data, coming in at 3.2 percent, .4 percent lower than January of 2015.

USD/JPY Calm On Capital Spending as Critical Event Risk Looms

Posted: 29 Feb 2016 06:01 PM PST

The Japanese Yen showed a limited response against the US Dollar after Japan’s capital spending data crossed the wires ahead of high event risk.

Fed, ECB and RBA Rate Forecasts will Skew Currency Reactions

Posted: 29 Feb 2016 03:15 PM PST

Monetary policy is once again taking the reins on currencies like the Dollar, Euro and Yen - though the moves are not following textbook paths.

AUD/USD 2016 Advance at Risk on Toughened RBA Verbal Intervention

Posted: 29 Feb 2016 02:00 PM PST

Increased efforts by the RBA to further insulate the Australian economy may drag on the exchange rate as it weighs on interest-rate expectations.

Crude Traders Make the Leap; Most Buying Since March 2011

Posted: 29 Feb 2016 12:03 PM PST

Large crude speculators (trend followers) made their largest crude oil purchase since March 2011. Position changes in June 2014 and April 2015 were large too (not this large) and occurred at tops. With crude near lows however, the meaning of the current reading is not as clear.

Weekly Webinar: Dollar Breakout Searches for Resistance Ahead of NFPs

Posted: 29 Feb 2016 11:46 AM PST

Setups we’re tracking as we open March trade with the AUD crosses in our sites ahead of the RBA tonight. Here are the updated targets & invalidation levels that matter.

Webinar: ECB Stimulus, Fed Hikes and PBoC Options Overtake Risk

Posted: 29 Feb 2016 11:33 AM PST

Chief Strategist John Kicklighter discusses the top Forex fundamental themes for the coming week of trading.

Bearish GBPUSD Re-considered above 1.4040/80. Keep an Eye on USDollar Direction

Posted: 29 Feb 2016 11:25 AM PST

AUD/USD Retail FX Flips Net-Long Ahead of RBA Meeting

Posted: 29 Feb 2016 09:55 AM PST

The retail FX crowd has flipped net-long AUD/USD ahead of the RBA meeting, with short positions narrowing 24% from the previous week.

Chinese Media: Rate Cut Will Stabilize Markets, Boosts Outlook

Posted: 29 Feb 2016 09:06 AM PST

Chinese financial news media greeted the news of a People’s Bank of China rate cut with renewed optimism. It seems as though this could be just the beginning.

March Seasonality Sees Weaker GBP, JPY, and Gold versus US Dollar

Posted: 29 Feb 2016 08:30 AM PST

March has produced some disappointing results for the British Pound in recent years - same for the Japanese Yen.

Silver – Next Few Days Important For the Metal

Posted: 29 Feb 2016 08:10 AM PST

Silver breaks under 200-day moving average, confluence zone near 14.50 in focus.

Dow Futures Push Into Support Setting Up DJIA Bullish Reversal

Posted: 29 Feb 2016 05:10 AM PST

Dow futures traded heavy overnight into support zones setting up the potential for Dow Jones Industrial Average gains back towards 17,000. 15,500 invalidates the near term up trend bias.

EUR-crosses Slump as Bar for ECB Action is Lowered

Posted: 29 Feb 2016 04:46 AM PST

Weaker than expected Euro-Zone CPI figures all but guarantee the ECB will cut its deposit rate next week. Is the door open for the ECB to do more?

US Indices: S&P 500 - Change of character in progress

Posted: 29 Feb 2016 03:14 AM PST

NZD/USD Technical Analysis: Range Bottom Back in Play

Posted: 29 Feb 2016 01:28 AM PST

The New Zealand Dollar recoiled sharply lower from resistance below the 0.68 figure against its US counterpart, putting in the largest daily drop in two weeks.

AUD/USD Technical Analysis: Aussie Drops Most in 4 Weeks

Posted: 29 Feb 2016 12:31 AM PST

The Australian Dollar moved sharply lower against its US namesake, dropping back below the 0.72 figure and yielding the largest daily drop in four weeks.

EUR/USD Technical Analysis: Partial Profit Booked on Short

Posted: 28 Feb 2016 11:59 PM PST

The Euro dropped to the lowest level in four weeks against the US Dollar, with prices losing their foothold above the 1.10 figure as expected.

Euro May Fall Further as Soft CPI Hints More ECB Easing Ahead

Posted: 28 Feb 2016 09:22 PM PST

The Euro may continue to fall after hitting a four-week low against the US Dollar as soft inflation data hints that the ECB will expand monetary stimulus at next month’s meeting.

Oil, Copper Steady on Good US Data, Gold Flat into Eventful March

Posted: 28 Feb 2016 09:06 PM PST

Oil and copper held on to topside gains amid profit taking on Monday. Gold stayed static before central banks events in March

AUD/USD Little-Changed as Company Profits Data Disappoints

Posted: 28 Feb 2016 08:59 PM PST

The Australian Dollar was little-changed after fourth-quarter company operating profits fell short of economists’ expectations as traders await the RBA policy announcement.

Yours Blends Reddit, ChangeTip and Virality at the Launch Festival Hackathon

Yours Blends Reddit, ChangeTip and Virality at the Launch Festival Hackathon


Yours Blends Reddit, ChangeTip and Virality at the Launch Festival Hackathon

Posted: 29 Feb 2016 01:44 PM PST

Emerging from the Launch Festival Hackathon was a content sharing concept aimed at using bitcoins to reduce the need of online ads.

Keep on reading: Yours Blends Reddit, ChangeTip and Virality at the Launch Festival Hackathon

Colt Implements New Service Bundle Amidst JPX Collocation Migration

Posted: 29 Feb 2016 11:41 AM PST

Colt's new bundle will help shore up any inconsistencies or lags as a result of the closure of JPX's open-ended colocation service.

Keep on reading: Colt Implements New Service Bundle Amidst JPX Collocation Migration

O-SYSTEMS Launches O-FREEMIUM to Bring Free Binary Options Trading

Posted: 29 Feb 2016 10:26 AM PST

With automation a growing trend in the trading industry, binary options provider, O-SYSTEMS launches O-FREEMIUM to take the trend further

Keep on reading: O-SYSTEMS Launches O-FREEMIUM to Bring Free Binary Options Trading

Fintech Spotlight: Beyond Freemium, Create a Free Service and Sell a Product

Posted: 29 Feb 2016 10:05 AM PST

Using free services as a platform to sell other financial products, a group of fintech startups are leveraging this model for success.

Keep on reading: Fintech Spotlight: Beyond Freemium, Create a Free Service and Sell a Product

UTrade CEO Aviv Talmor Returns to Israel and Gets Arrested

Posted: 29 Feb 2016 09:41 AM PST

Speaking recently with Finance Magnates, Talmor stated he "didn't steal any money."

Keep on reading: UTrade CEO Aviv Talmor Returns to Israel and Gets Arrested

ClearlySo Taps Matthew Vickerstaff as its Head of Investment Banking

Posted: 29 Feb 2016 09:12 AM PST

In this new role at ClearlySo, Mr. Vickerstaff will be tasked with overseeing the group's investment banking and capital raising activities.

Keep on reading: ClearlySo Taps Matthew Vickerstaff as its Head of Investment Banking

CME Group to go Head to Head with the ICE’s Dollar Index with Launch of Bloomberg Futures

Posted: 29 Feb 2016 09:00 AM PST

The CME Group is set to launch Bloomberg's dynamically adjusting Dollar Spot Index in April to compete with the ICE's Dollar Index franchise

Keep on reading: CME Group to go Head to Head with the ICE's Dollar Index with Launch of Bloomberg Futures

BitFury Invests in African Currencies Bitcoin Exchange BitPesa

Posted: 29 Feb 2016 08:45 AM PST

BitPesa is a bitcoin payments and trading platform that aims to give Africans unfettered access to the benefits of the global economy.

Keep on reading: BitFury Invests in African Currencies Bitcoin Exchange BitPesa

HKEx Expands Offering with Seven New Stock Sector Futures

Posted: 29 Feb 2016 08:30 AM PST

The newly weighted stock exchange futures will launch on May 9, 2016, covering seven sovereign sectors.

Keep on reading: HKEx Expands Offering with Seven New Stock Sector Futures

Local Watchdog Warns Against Binary Options Firm Not Licensed to Operate in Spain

Posted: 29 Feb 2016 08:30 AM PST

EmpireOption has been blacklisted by the Spanish regulator due to unlicensed trading activities on the local market.

Keep on reading: Local Watchdog Warns Against Binary Options Firm Not Licensed to Operate in Spain

The Man Behind “Industry is Flooded with Goldman Sachs Resumes” Retiring

Posted: 29 Feb 2016 07:29 AM PST

Paul Walker, Goldman Sach's Co-Global Head of Technology and part of their emerging 'strats' group, is retiring after shaking up the IT workforce.

Keep on reading: The Man Behind "Industry is Flooded with Goldman Sachs Resumes" Retiring

Thomson Reuters’ Trade Notification Network Sees Uptick in Monthly Usage

Posted: 29 Feb 2016 06:02 AM PST

The Trade Notification Network (TRTN) saw growth of 50.0% YoY in February, reinforced by a desire for automated trade notifications and STP.

Keep on reading: Thomson Reuters' Trade Notification Network Sees Uptick in Monthly Usage

Hong Kong SFC Fines Yuanta Securities $4m over Undisclosed Spread Markups

Posted: 29 Feb 2016 05:35 AM PST

Pricing disclosures and best practices continue to come under scrutiny, across asset classes traded by both retail and institutional.

Keep on reading: Hong Kong SFC Fines Yuanta Securities $4m over Undisclosed Spread Markups

Bitcoin Hating Bank of Russia Shows Love for Blockchain

Posted: 29 Feb 2016 04:24 AM PST

A Bank of Russia working group is to hold regular meetings to discuss various aspects of the use of new financial technologies.

Keep on reading: Bitcoin Hating Bank of Russia Shows Love for Blockchain

EBS Aims to Abolish Need for Last-Look with New Price Feed Upgrade

Posted: 29 Feb 2016 04:01 AM PST

Last-look practices may be incidentally less prevalent as pricing processes improve, potentially aiding FX market structure, EBS says.

Keep on reading: EBS Aims to Abolish Need for Last-Look with New Price Feed Upgrade

IG Promotes James Perry-Keene to Head of IG in China

Posted: 29 Feb 2016 03:13 AM PST

After 5 years as Head of Institutional Sales at IG Australia, the shift aims to help lead the company's efforts in a key market within Asia.

Keep on reading: IG Promotes James Perry-Keene to Head of IG in China

Bitcoin and The Big Short: Can Blockchain Avert the Next Financial Meltdown?

Posted: 29 Feb 2016 02:36 AM PST

Smart contracts provide a compelling and exciting opportunity for those interested in making a fairer and less opaque financial system.

Keep on reading: Bitcoin and The Big Short: Can Blockchain Avert the Next Financial Meltdown?

No 'Resting on Laurels' as MiFID II Looms

Posted: 29 Feb 2016 01:43 AM PST

There's a huge amount of work left to do, and everyone's affected. Speakers at the FOW conference provide an update to the proprietary trading community on MiFID II implementation.

Keep on reading: No 'Resting on Laurels' as MiFID II Looms

SafeCharge Signs Payments Partnership With Paddy Power Betfair

Posted: 25 Feb 2016 01:43 AM PST

SafeCharge strikes a jackpot in online betting with a brand new partnership with Paddy Power Betfair.

Keep on reading: SafeCharge Signs Payments Partnership With Paddy Power Betfair

Suspected Mastermind of Base2Trade Investigation Exposed by Finance Magnates Arrested

Posted: 24 Feb 2016 03:16 PM PST

The City of London Police has made a "key arrest" in relation to the Base2Trade boiler room scheme.

Keep on reading: Suspected Mastermind of Base2Trade Investigation Exposed by Finance Magnates Arrested

Sterling Slumps as Brexit Concerns Remain

Posted: 24 Feb 2016 09:05 AM PST

The GBP has faced a litany of headwinds recently, including mounting Brexit concerns as well as the specter of lower rates by the BoE.

Keep on reading: Sterling Slumps as Brexit Concerns Remain

More Exante Customers Charged by SEC for Securities Fraud but Broker Cleared

Posted: 24 Feb 2016 07:47 AM PST

US SEC's prior claims against Exante now dismissed, while new charges against nine of its brokerage customers and settlements are announced.

Keep on reading: More Exante Customers Charged by SEC for Securities Fraud but Broker Cleared

Who Ate All the Acquisition Pie?

Posted: 24 Feb 2016 07:24 AM PST

When the market was young, and so were the brokers, you could consume from your acquisition pie without any worries.

Keep on reading: Who Ate All the Acquisition Pie?

Pound Hits Seven Year Low After Boris Johnson's Brexit Decision

Posted: 24 Feb 2016 05:43 AM PST

Peter Adamson explains why the FX market reaction to a potential Brexit is based upon the irrational fear born of two unwarranted assumptions.

Keep on reading: Pound Hits Seven Year Low After Boris Johnson's Brexit Decision

Saxo Bank Extends IB Partnership to Maltese Clients With e-Trader+

Posted: 24 Feb 2016 05:07 AM PST

Saxo powered eTrader+ will debut with the Bank of Valetta, extending its platform technology to Maltese clients.

Keep on reading: Saxo Bank Extends IB Partnership to Maltese Clients With e-Trader+

AvaTrade Gains South African FSB Regulation, Opening Local Office

Posted: 24 Feb 2016 04:08 AM PST

AvaTrade gears up to expand its presence in Africa as it has become regulated in South Africa.

Keep on reading: AvaTrade Gains South African FSB Regulation, Opening Local Office

Hong Kong SFC Bans Trader over Directing Clients Account without POA

Posted: 24 Feb 2016 03:49 AM PST

The Securities and Futures Commission bans Jia Zhen for 10 months over trading with a client's account without first obtaining proper consent.

Keep on reading: Hong Kong SFC Bans Trader over Directing Clients Account without POA

Breaking: After US, OANDA Acquires Clients of IBFX in Australia

Posted: 24 Feb 2016 01:42 AM PST

The deal is reminiscent of the way IBFX parted ways with its MT4 client accounts portfolio after selling those to FXCM in 2014.

Keep on reading: Breaking: After US, OANDA Acquires Clients of IBFX in Australia

FXCM To Liquidate USD/HKD Client Positions over Volatility Fears

Posted: 24 Feb 2016 01:15 AM PST

FXCM has decided to discontinue offering the USD/HKD pair and close all client positions- the Hong Kong dollar may get volatile if its peg is abolished.

Keep on reading: FXCM To Liquidate USD/HKD Client Positions over Volatility Fears

Sunday, February 28, 2016

Euro Sinks as Investors Await ECB Action - Nov/Dec 2015 Redux

Euro Sinks as Investors Await ECB Action - Nov/Dec 2015 Redux


Euro Sinks as Investors Await ECB Action - Nov/Dec 2015 Redux

Posted: 28 Feb 2016 06:53 PM PST

There’s no other way to put it: EUR/USD (and the EUR-crosses broadly speaking) are experiencing déjà vu. If we’re right, then this is another classic “buy the rumor, sell the news” situation.

NZD/USD Drops as Weak Data Inspires RBNZ Rate Cut Bets

Posted: 28 Feb 2016 03:14 PM PST

The New Zealand Dollar traded sharply lower at open of the trading week after a string of disappointing economic data releases spurred RBNZ interest rate cut speculation.

Market Behaviour, Market Sentiment, and  the Future Trends of the Pound

Market Behaviour, Market Sentiment, and  the Future Trends of the Pound


Market Behaviour, Market Sentiment, and  the Future Trends of the Pound

Posted: 28 Feb 2016 10:07 AM PST

In the FX market, some consider the recent lows of the GBP to be just a coincidence, but our point of view is that this is the beginning of a future trend.

Keep on reading: Market Behaviour, Market Sentiment, and  the Future Trends of the Pound

Australia Promotes Local Fintech Industry to Asia Through New Initiative

Posted: 28 Feb 2016 08:35 AM PST

With a growing fintech eco-system in Asutralia being developed by Stone & Chalk, the government is pitching in funds to boost Asian growth.

Keep on reading: Australia Promotes Local Fintech Industry to Asia Through New Initiative

SettlePay Pushes for Currency Exchange Transparency as it Launches Platform

Posted: 28 Feb 2016 06:37 AM PST

Believing that "there's a lot of noise made around the complexity of foreign exchange", SettlePay launches payment platform with comparison tool.

Keep on reading: SettlePay Pushes for Currency Exchange Transparency as it Launches Platform

ASIC Suspends AFS License of Traders4Traders

Posted: 24 Feb 2016 12:36 AM PST

The Australian regulator suspends the license of an AFS firm operated from T4Tcapital.com until April 21, 2016 citing unfiled statements.

Keep on reading: ASIC Suspends AFS License of Traders4Traders

iFX Expo Cyprus 2016 Expands into Larger Venue

Posted: 23 Feb 2016 02:57 PM PST

Registration opens for the flagship event that continues to inspire new and prior participants, to be held this May at an even larger venue.

Keep on reading: iFX Expo Cyprus 2016 Expands into Larger Venue

CommexFX Gets Another €100,000 Fine from CySEC for Unauthorized Operations

Posted: 23 Feb 2016 09:33 AM PST

CommexFX has been fined by CySEC on a second count after getting slapped with a €100,000 fine last June.

Keep on reading: CommexFX Gets Another €100,000 Fine from CySEC for Unauthorized Operations

Saturday, February 27, 2016

Weekly Trading Forecast: Dollar Attempts a Recovery as Euro, Pound and Yen Stumble

Weekly Trading Forecast: Dollar Attempts a Recovery as Euro, Pound and Yen Stumble


Weekly Trading Forecast: Dollar Attempts a Recovery as Euro, Pound and Yen Stumble

Posted: 26 Feb 2016 07:24 PM PST

Risk trends have improved and so too has the Dollar's position. Amid NFPs, the G20 rehash of risks, Brexit and other high-profile themes; expect volatility moving forward.

Friday, February 26, 2016

UK Payment Provider's Stock Down Nearly 30% over £5M Potential Loss

UK Payment Provider's Stock Down Nearly 30% over £5M Potential Loss


UK Payment Provider's Stock Down Nearly 30% over £5M Potential Loss

Posted: 26 Feb 2016 12:44 PM PST

How unmitigated risk caught Earthport's Baydonhill FX division, while the company pursues recouping the amount via legal channels.

Keep on reading: UK Payment Provider's Stock Down Nearly 30% over £5M Potential Loss

INTL FCStone Enters US ABS Market With New Offering

Posted: 26 Feb 2016 10:22 AM PST

INTL FCStone has made waves with its entry into the US' asset backed securities (ABS) market, greatly expanding its execution coverage.

Keep on reading: INTL FCStone Enters US ABS Market With New Offering

UBS Makes Series of Moves in its FX Prime Brokerage Unit

Posted: 26 Feb 2016 09:03 AM PST

Terrance Oh has parted ways with UBS, ending a 16-year career with the lender - in his place Ryan Connolly and Daniel Bader are being promoted.

Keep on reading: UBS Makes Series of Moves in its FX Prime Brokerage Unit

Jeremy Smart to Part Ways with RBS, Joining XTX Markets

Posted: 26 Feb 2016 06:33 AM PST

Smart will be leaving RBS after serving as its Head of Fixed-Income Electronic Distribution since 2012 - he is now bound for XTX Markets.

Keep on reading: Jeremy Smart to Part Ways with RBS, Joining XTX Markets

Robo-advisor Trading Still Needs a Human Touch

Posted: 26 Feb 2016 05:30 AM PST

A recent E*TRADE survey found that investors prefer hybridized solutions that combined both a human touch and automated technology.

Keep on reading: Robo-advisor Trading Still Needs a Human Touch

FDRS Appoints Jennifer Mahony as Scheme Director, Succeeding Stuart Ayres

Posted: 26 Feb 2016 04:40 AM PST

Ms. Mahoney succeeds Stuart Ayres, who has been its Scheme Director for over five years with FDRS.

Keep on reading: FDRS Appoints Jennifer Mahony as Scheme Director, Succeeding Stuart Ayres

Gold-i Promotes Veteran, Julian Elliott to Operations Director

Posted: 26 Feb 2016 01:59 AM PST

In his new role as Operations Director he will be taking on additional responsibilities, including financial and client account management.

Keep on reading: Gold-i Promotes Veteran, Julian Elliott to Operations Director

Fortex to Power Axiory’s MT4 Webtrader

Posted: 23 Feb 2016 09:28 AM PST

Axiory to deploy the MT4 webtrader powered by Fortex, aimed towards providing traders with an enhanced version of the web-based MT4 platform.

Keep on reading: Fortex to Power Axiory's MT4 Webtrader

Breaking: OANDA to Acquire about 2000 IBFX Accounts as Monex Exits US FX

Posted: 23 Feb 2016 08:49 AM PST

OANDA is targeting second place in the US with the acquisition of the foreign exchange business of TradeStation

Keep on reading: Breaking: OANDA to Acquire about 2000 IBFX Accounts as Monex Exits US FX

Japanese Yen Forecast to Gain until Status Quo Changes

Japanese Yen Forecast to Gain until Status Quo Changes


Japanese Yen Forecast to Gain until Status Quo Changes

Posted: 27 Feb 2016 03:54 PM PST

The Japanese Yen rallied for the fourth-consecutive week versus the Euro and British Pound, but a week of strong US economic data and disappointments out of Japan helped the USD/JPY exchange rate break its recent losing streak.

Dollar Gains as Market Chews Rate Expectations with NFPs Ahead

Posted: 26 Feb 2016 07:14 PM PST

This past week’s USDollar rally marked the currency’s best performance since November’s dramatic break to 12-year highs – a move that proved a quick exhaustion.

US Dollar Rallies on Better-Than-Expected Fed Favorite Inflation Read

Posted: 26 Feb 2016 06:53 PM PST

The US Dollar rallied against its major counterparts today as the Federal Reserve’s preferred inflation indicator showed price pressures amid a rate skeptical market.

Aussie Dollar Faces Perfect Storm of Domestic, External Pressure

Posted: 26 Feb 2016 06:22 PM PST

The Australian Dollar may succumb to heavy selling pressure as prices face a perfect storm of high-profile domestic and external event risk.

Top Fundamental Themes for Next Week - G20, Brexit, NFPs, More

Posted: 26 Feb 2016 05:52 PM PST

If you want to find the volatility and trend developments in the markets, the best bet is to keep tabs on the key fundamental themes in the market

How Much Run in EURUSD Break, USDJPY Reversal, GBPUSD Tumble?

Posted: 26 Feb 2016 05:37 PM PST

What kind of market conditions are we currently facing?

Bank of Canada Expectations Ushers CAD To Top Spot in G10

Posted: 26 Feb 2016 05:21 PM PST

Many market participants have been trained to look at Oil any time the Canadian Dollar moves.

Gold Consolidation Break to Clear the Way Ahead of NFPs

Posted: 26 Feb 2016 04:31 PM PST

Gold prices slid for a second consecutive week with the precious metal off just 0.2% to trade at 1224 ahead of the New York close on Friday.

Brexit to Dominate Headlines, GBP Price Action

Posted: 26 Feb 2016 03:36 PM PST

The near-term rebound in GBP/USD may continue to unravel in the week ahead should the Federal Reserve’s semi-annual Humphrey-Hawkins testimony with Chair Janet Yellen highlight a further deviation in the policy outlook.

Brexit to Dominate Headlines, GBP Price Action

Posted: 26 Feb 2016 03:36 PM PST

The near-term rebound in GBP/USD may continue to unravel in the week ahead should the Federal Reserve’s semi-annual Humphrey-Hawkins testimony with Chair Janet Yellen highlight a further deviation in the policy outlook.

Yuan a Key Topic at Chinese Annual Conferences

Posted: 26 Feb 2016 02:52 PM PST

Both onshore Yuan (CNY) and offshore Yuan (CNH) rates moved little this week; both closed slightly lower against the US Dollar on Friday.

Forex Webinar with Jamie Saettele: 2/26/2016

Posted: 26 Feb 2016 12:21 PM PST

NZD/USD Failed Breakout at Long Term Resistance

Posted: 26 Feb 2016 12:10 PM PST

Friday’s (2/26) reversal at long term resistance (median line) could spell doom for NZD/USD in the coming weeks.

China Central Bank Governor: Regulators Should Also Use Fiscal Policy

Posted: 26 Feb 2016 11:55 AM PST

Chinese top policy markers spoke at the G-20 meetings. Below are some of the highlights:

Brexit: A Collision of Cable, Sovereign Credit, and PM David Cameron

Posted: 26 Feb 2016 10:09 AM PST

The date for a Brexit referendum is set for June 23, and the volatility leading up to that date will likely have traders on edge in multiple markets.

EUR/USD Declines on GDP Data

Posted: 26 Feb 2016 06:50 AM PST

The EUR/USD is breaking out this morning below support after US GDP data beat expectations.

Gold Prices Shine When Central Bankers Scurry into Action

Posted: 26 Feb 2016 06:47 AM PST

Gold has caught a major bid over the past month and with global growth looking weak, is it likely that Central Bankers will finally back down to the 'looser for longer' pleas?

Higher Revision to Q4’15 US GDP Lifts US Dollar as Rates Markets Firm

Posted: 26 Feb 2016 06:40 AM PST

The second US growth reading of Q4’15 came in better than expected, and despite mixed internals, market participants are taking the data as a sign that some of the near-term pessimism regarding the US economy may be overblown.

NIKKEI 225 - Why Next Week Looks So Important For the Nikkei

Posted: 26 Feb 2016 05:35 AM PST

Timing confluence coming up in the Nikkei, downtrend to reassert itself?

Dismal 4Q U.S. GDP Report to Fuel EUR/USD Rebound

Posted: 26 Feb 2016 03:00 AM PST

A downward revision in the 4Q U.S. GDP report may fuel a larger rebound in EUR/USD as it raises the risk of seeing the FOMC further delay its normalization cycle.

EUR/USD Unfazed by Weaker Sentiment as Data Continues to Deteriorate

Posted: 26 Feb 2016 02:57 AM PST

The Euro was little changed versus the US Dollar after today's Economic Confidence figures fell for the second month, later data in focus

G20 Provides Mixed Messages on Steps Needed For Global Economy

Posted: 26 Feb 2016 01:18 AM PST

First day commentary from the G20 meeting stressed need for structural reforms, further expansionary monetary policy in question

NZD/USD Technical Analysis: Prices Probe Two-Month High

Posted: 25 Feb 2016 11:46 PM PST

The New Zealand Dollar is attempting to renew upside momentum against its US namesake as prices broke upward to the highest level in nearly two months.

EUR/GBP Technical Analysis: Topping at 14-Month Highs?

Posted: 25 Feb 2016 11:22 PM PST

The Euro may be carving out a top after prices put in a bearish Harami candlestick pattern after touching a 14-month high against the British Pound.

Euro, US Dollar Outlook Hinges on Inflation Data

Posted: 25 Feb 2016 10:57 PM PST

The Euro and the US Dollar are looking to German CPI and US PCE inflation data to shape monetary policy expectations and define exchange rate trends.