Daily Forex & Commodity Trading News
TRADING THE NEWS
Friday, 07 March 2014 08:00 GMT
The EURUSD may target fresh highs should the U.S. Non-Farm Payrolls (NFP) report heighten the bearish sentiment surrounding the greenback.
US DOLLAR DAILY
Monday, 10 March 2014 16:35 GMT
The Dow Jones-FXCM U.S. Dollar Index gained 0.19, led by a 0.42 percent decline in the sterling, but the GBPUSD could be coiling up for a move higher.
Euro Market Opening Brief
Tuesday, 11 March 2014 06:00 GMT
The Euro may come under pressure if a tough set of ECB bank stress test criteria hint at oncoming liquidity retrenchment that beckons an expansion of stimulus.
Top FX Headlines
Monday, 10 March 2014 11:05 GMT
Chinese trade data and inflation data over the weekend severely disappointed, leading to weakness in the commodity currency bloc.
Tuesday, 11 March 2014 03:57 GMT
As expected, the Bank of Japan (BoJ) maintained its policy bearings by keeping the benchmark rate at 0.10 percent and the monetary base target at ¥270 trillion.
Tuesday, 11 March 2014 04:32 GMT
David de Ferranti
Copper and crude oil have found some support following Monday’s steep declines, while gold traders weigh geopolitical tensions against a recovery in the US Dollar.
DAILY TRADING VIDEO
Tuesday, 11 March 2014 01:47 GMT
With EURUSD clearing a multi-year trendline and AUDUSD completing a inverse head-and-shoulders breakout last week, we should have been open season on dollar selling to start this week.