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Webinar: USD in Free Fall- Key Crosses in Focus this Week

Webinar: USD in Free Fall- Key Crosses in Focus this Week

2016-04-11 14:41:00
Michael Boutros, Technical Strategist
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Talking Points

The dollar crosses are in focus to start the week with the U.S. Dow Jones FXCM Dollar Index breaking to fresh yearly lows early in the session. We’ll be looking to commentary from Fed officials this week with New York Federal Reserve President William Dudley, Dallas Fed President Robert Kaplan and Richmond Fed President Jeffrey Lacker, slated speeches this week. Also on the docket this week are central bank interest rate decisions from the Bank of Canada (BoC) and the Bank of England (BoE) with the respective pairs vs the dollar in focus.

We reviewed operative setups and updated targets on USDCAD, GBPUSD and AUDJPY. Also on the radar this week are possible turns in GBPCAD, USDJPY & CADJPY. Continue to track these setups and more throughout the week-Subscribe to SB Trade Desk and take advantage of the DailyFX New Subscriber Discount!

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Relevant Data Releases

Webinar: USD in Free Fall- Key Crosses in Focus this Week

Check out SSI to see how retail crowds are positioned as well as open interest heading into March trade.

Other Setups in Play:

---Written by Michael Boutros, Currency Strategist with DailyFX

Follow Michaelon Twitter @MBForex contact him at mboutros@dailyfx.com or Click Here to be added to his email distribution list

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