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David Song
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David Song is a Currency Analyst for DailyFX, specializing in news-driven trading and mixing fundamental expertise with technical analysis. He studied macroeconomic policies under a visiting scholar at the Federal Reserve Bank of St. Louis while attending the Zicklin School of Business at Baruch College where he received his degree in Finance and Investments. He gained experience in technical analysis from a former president of the Market Technicians Association, and incorporates both technicals and fundamentals in his reporting.
Posts by David Song:
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GBP/USD- Trading the Bank of England (BoE) Minutes
Wed May 22 02:00:00 GMT 2013The Bank of England (BoE) Minutes could be a game-changer for the British Pound as market participants weigh the outlook for monetary policy.
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USD Traders Eye FOMC, Bernanke- AUD Correction Should Be Sold
Tue May 21 15:20:00 GMT 2013The rebound in the Dow Jones-FXCM U.S. Dollar index may gather pace over the next 24-hours of trading should the FOMC Minutes sap bets for more quantitative easing.
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Bearish Euro Formation Remains Intact- EU Summit to Disappoint
Tue May 21 13:00:00 GMT 2013The EURUSD is struggling to hold its ground ahead of the EU meeting in Brussels amid a renewed flight to safety.
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GBP/USD- Trading the U.K. Consumer Price Report
Tue May 21 03:00:00 GMT 2013The British Pound may struggle to hold its ground ahead of the Bank of England (BoE) Minutes should we see a marked slowdown in U.K. inflation.
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USD Downside Limited by Fed Policy- JPY to Mark Fresh Lows
Mon May 20 15:45:00 GMT 2013The Dow Jones-FXCM U.S. Dollar index pared the advance from earlier this month, but the greenback should continue to benefit from the shift in the policy outlook.
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Euro May Fail to Benefit from EU Meeting- Pound to Rally
Mon May 20 12:55:00 GMT 2013The rebound in the EURUSD may be short-lived as European policy makers preserve a reactionary approach in addressing the risks surrounding the euro-area.
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Weekly Forex Trading Forecast: Will Risk Trends or QE3 Take the FX Re...
Sat May 18 01:02:00 GMT 2013Both the S&P 500 and US Dollar continue to soar to new heights - bucking traditional risk appetite currents. Will the yield chase maintain this unusual mix or will sentiment finally shock the markets back in line?
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Sterling Outlook Hinges on BoE Minutes- Higher Low in the Making?
Fri May 17 19:55:00 GMT 2013The British Pound failed to maintain the upward trend from earlier this year, with the GBPUSD slipping to a fresh monthly low of 1.5156, but the sterling may regain its footing in the week ahead should the Bank of England (BoE) Minutes further dampen spe...
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USD to Consolidate Ahead of FOMC Minutes- AUD Heavily Oversold
Fri May 17 16:00:00 GMT 2013The Dow Jones-FXCM U.S. Dollar index advanced to a fresh yearly high of 10,816 as the developments coming out of the U.S. economy raised the outlook for growth.
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Euro Eyes Fresh 2013 Low on ECB Policy- Pound Rebound on Tap
Fri May 17 12:40:00 GMT 2013The EURUSD remains under pressure on Friday as the European Central Bank (ECB) continued to strike a dovish tone for monetary policy.
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EUR/USD- Trading the U. of Michigan Confidence Survey
Fri May 17 08:00:00 GMT 2013The U.S. dollar may track higher over the next 24-hours of trading as the U. of Michigan survey is expected to show a rebound in household sentiment.
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USDOLLAR to Search for Support- GBP Rebound to Accelerate
Thu May 16 15:20:00 GMT 2013The Dow Jones-FXCM U.S. Dollar index is struggling to hold its ground as the developments coming out of the U.S. economy dampens the outlook for growth and inflation.
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Euro Continues to Search for Support- Pound Carving Higher Low
Thu May 16 12:05:00 GMT 2013The EURUSD pared the decline from earlier this week, but the Euro remains poised to face additional headwinds over the near-term amid the ongoing turmoil in the region.
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Euro Falters as 1Q GDP Disappoints, Pound Rebounds on BoE
Wed May 15 10:40:00 GMT 2013The EURUSD extended the decline from earlier this as the fundamental developments coming out of the region dampen the appeal of the single currency.
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USD Benefits From Flight to Safety- JPY Traders Eye 1Q GDP
Wed May 15 09:20:00 GMT 2013The Dow Jones-FXCM U.S. Dollar index extended the advance from earlier this week as the flight to safety continues to gather pace.
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USD Correction on Horizon- AUD Bearish Trend to Gather Pace
Tue May 14 16:05:00 GMT 2013The Dow Jones-FXCM U.S. Dollar index continued to gain ground on Tuesday, with the gauge advancing to a fresh yearly high of 10,716.
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Euro Struggles as EU Meeting Disappoints- 1Q GDP in Focus
Tue May 14 12:45:00 GMT 2013The EURUSD is struggling to hold its ground ahead of the Euro-Zone’s 1Q GDP report as the EU meeting in Brussels disappoints.
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NZD/USD- Trading the New Zealand Retail Sales Report
Mon May 13 18:40:00 GMT 2013The NZDUSD may track higher over the next 24-hours of trading as retail sales in New Zealand is expected to increase another 0.8% during the first-quarter of 2013.
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USDOLLAR Getting Overbought- AUD to Struggle Amid RBA Policy
Mon May 13 16:00:00 GMT 2013The Dow Jones-FXCM U.S. Dollar extended the advance from the previous week as the economic docket continued to highlight an improved outlook for the U.S. economy.
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Bearish Euro Formation Continues to Take Shape Amid Dovish ECB
Mon May 13 12:50:00 GMT 2013The EURUSD pared the sharp decline from last week, but the rebound may be short-lived as the European Central Bank (ECB) retains a dovish tone for monetary policy.


