The pound has now achieved the third objective cited last week and the risk of a near-term pullback has our scalp bias … [Read more...]
Trade Idea: Bullish gold option play (3 of 3)
May 21, 2013 By
I remain a USD bull sceptic and feel that this move in gold continues to be overdone. On the eve of the FOMC, from which … [Read more...]
USD Traders Eye FOMC, Bernanke- AUD Correction Should Be Sold
May 21, 2013 By
The rebound in the Dow Jones-FXCM U.S. Dollar index may gather pace over the next 24-hours of trading should the FOMC … [Read more...]
Bearish Euro Formation Remains Intact- EU Summit to Disappoint
May 21, 2013 By
The EURUSD is struggling to hold its ground ahead of the EU meeting in Brussels amid a renewed flight to safety. … [Read more...]
Crude Oil, Gold Look to Fed-Speak for Direction Cues
May 21, 2013 By
Commodity prices look to commentary from Fed Presidents Bullard and Dudley to shape QE progression expectations and … [Read more...]
Lower Inflation Makes Way for a More Dovish BoE, Pound Declines
May 21, 2013 By
Inflation fell to a seven month low of 2.4% in April; BoE expects a peak of 3.1% inflation this year… … [Read more...]
British Pound May Weaken as Soft CPI Drives Dovish BOE Bets
May 21, 2013 By
The British Pound may fall as CPI inflation hits a seven-month low, driving expectations of an expanded BOE stimulus … [Read more...]
GBP/USD- Trading the U.K. Consumer Price Report
May 21, 2013 By
The British Pound may struggle to hold its ground ahead of the Bank of England (BoE) Minutes should we see a marked … [Read more...]
Dollar Retreats Before Key Fed Officials Weigh In on QE3
May 21, 2013 By
Having charged forward under one of the strongest two-week advances in nearly 18-months, the Dow Jones FXCM Dollar Index … [Read more...]
