Daily Forex & Commodity Trading News
TRADING THE NEWS
Thursday, 17 April 2014 07:00 GMT
The USD/CAD may face a larger pullback ahead of the holiday weekend as a rebound in Canada CPI limits the BoC’s scope to further embark on its easing cycle.
US DOLLAR DAILY
Wednesday, 16 April 2014 16:55 GMT
The Dow Jones-FXCM U.S. Dollar Index remains capped by 10,470, while the USD/CAD & GBP/CAD look poised for a further advance.
Euro Market Opening Brief
Thursday, 17 April 2014 03:54 GMT
Pre-holiday profit-taking may dominate financial market price action on Thursday, overshadowing the impact of German PPI and US Jobless Claims data.
Top FX Headlines
Wednesday, 16 April 2014 11:00 GMT
The GBPUSD achieved a retest of its yearly high as planned, but the real question is now whether or not a breakout towards 1.7000 is in the cards.
Thursday, 17 April 2014 04:05 GMT
Verbal threats against the euro seem to grow by the day.
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
Thursday, 17 April 2014 00:24 GMT
Short-term ranges are more appropriate trade opportunities than major breakouts and trend development into the end of the week...