Talking Points: – DXY Index continues to trade below outside engulfing bar from July 26; a break of the high at 94.29 would mark a ‘higher low.’ – In a […]

The US Dollar turned sharply higher as gold prices fell after July’s upbeat US jobs data. Is this the start of a reversal or just a temporary setback for established […]

Talking Points: – The Bank of England voted to hold rates 6-2 earlier today, and their updated economic projections were much more dovish than markets anticipated. – Outside engulfing bars […]

Financial markets will remain preoccupied with Fed policy in the week ahead as Chair Yellen testifies in Congress and key US inflation data is released. US Dollar Forecast: US Dollar […]

Talking Points: – EUR/USD, GBP/USD, and DXY Index in general trading flat this morning amid a quiet economic calendar. – Sliding economic data momentum weighing against the Euro and the […]

A slowdown in top-tier economic news flow leaves battered financial markets to reckon with the aftershocks of last week’s back-to-back bombshells. US Dollar Forecast: US Dollar Caught Between Upbeat Fed, […]

Talking Points: – DXY Index has held steady past few days, the fairly typical low volatility precursor to a key FOMC policy meeting. – Look for a ‘dovish hike’ today: […]

Talking Points: – Despite broad US Dollar weakness, GBP/USD continues to edge lower after the surprising UK general election results. – Focus on FOMC this week will pertain to the […]