Daily Forex & Commodity Trading News
TRADING THE NEWS
Wednesday, 23 April 2014 16:00 GMT
The NZD/USD appears to be carving a higher low as it holds above the 0.8550 region, but we will need a hawkish RBNZ policy statement to see a higher high.
US DOLLAR DAILY
Wednesday, 23 April 2014 13:55 GMT
The Dow Jones-FXCM U.S. Dollar Index is benefitting from the decline in the AUD/USD, while the GBP/NZD risks fresh highs on a less-hawkish RBNZ.
Euro Market Opening Brief
Wednesday, 23 April 2014 04:47 GMT
The Australian Dollar sank as soft first-quarter CPI data eroded RBA rate hike bets. The Euro may decline if April’s PMI figures bolster the case for added ECB stimulus.
Top FX Headlines
Wednesday, 23 April 2014 11:15 GMT
Surprises across the board from the market moving data in the Asian and European sessions leaves several of the major currencies waking up after several days of incredibly low volatility.
Tuesday, 22 April 2014 04:04 GMT
A quiet start to the week was to be expected given the extended holiday weekend for much of the world. While US markets were online Monday, the absence of European liquidity took its toll on conviction.
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
Friday, 18 April 2014 23:26 GMT
What could have come of the recent swell in risk aversion had the holiday liquidity drain not been there to curb the tide? We may not have to wonder too much longer.