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Daily Forex & Commodity Trading News


Tuesday, 21 October 2014 21:00 GMT
By David Song  and Shuyang Ren
The AUD/USD may fail to retain the wedge/triangle formation from earlier this month should Australia’s 3Q Consumer Price Index (CPI) report drag on interest rate expectations.
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Tuesday, 21 October 2014 15:20 GMT
By David Song
The bear flag in EUR/USD continues to favor the downside targets, especially with the growing headlines of additional monetary support from the European Central Bank (ECB).
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Euro Market Opening Brief Tuesday, 21 October 2014 03:31 GMT The Australian Dollar edged higher after China’s third-quarter GDP data registered modestly better than expected. The Yen may rise as US news-flow fuels risk aversion.
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Top FX Headlines Tuesday, 21 October 2014 11:40 GMT The buck is facing new headwinds after last week's FOMC minutes, but there is technical evidence that the US Dollar is fighting the correction.
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Daily Fundamentals Tuesday, 21 October 2014 00:26 GMT Though the US Dollar has opened the trading week lower, the market’s motivations are more likely a rebalancing in the face of anticipation of volatility rather than a fundamental shift in view for the currency itself.
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Wednesday, 22 October 2014 00:00 GMT
By David de Ferranti
The precious metals may be afforded some breathing room with an expected slide in upcoming US inflation data unlikely to bolster hawkish FOMC bets.
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Wednesday, 22 October 2014 01:17 GMT
By John Kicklighter
Following its worst weekly tumble in over two years, US equities have extended their recovery to a fourth session and the best single-day climb in 12 months.
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