TALKING POINTS – CPI, POUND, US DOLLAR, EURO, SPAIN, BOND AUCTION UK inflation data unlikely to see strong response from British Pound US Dollar might be sent higher as CPI data brightens Fed policy bets Euro may fall on Spain budget vote, soft IP data and bond sale results UK CPI data headlines the economic […]

Talking Points – The DXY Index breakout higher outside of its symmetrical triangle increases the odds of a return back to the December 2018 highs around 97.72. – Despite the US Dollar breakout, Gold prices have been holding steady and remain within their uptrend from the November 28 and December 14 lows. – Retail traders […]

Sterling Latest: UK GDP data and Brexit UK Q4 GDP data missed expectations, renewing growth fears in the months ahead. Brexit implications now becoming more evident. We have recently released our Q1 2019 Trading Forecasts for a wide range of Currencies and Commodities, including GBPUSD along with our latest fundamental and medium-term term technical outlook. […]

ASEAN Fundamental Outlook US Dollar gained ground last week but most ASEAN currencies were resilient Sentiment in the spotlight. USD may rally on political risks, rosy economic data Philippine Peso may hold ground if crude oil prices drop on ebbing demand Trade all the major global economic data live and interactive at the DailyFX Webinars. […]

Talking Points: A 7 consecutive trading day advance for the DXY matches the index’s longest charge in over 2 years Like most currencies and asset classes, the Dollar still struggles with commitment See the 1Q 2019 fundamental and technical forecast for the Dollar updated on our trading guides page Looking for a fundamental perspective on […]

GBP/USD Talking Points: – The British Pound continued to slide into yesterday’s BoE rate decision, which was the first ‘Super Thursday’ meeting at the bank in 2019. As the bank cut growth forecasts while Governor, Mark Carney noted that the ‘Fog of Brexit’ was acting as a constraint, GBP/USD made a fast approach towards the […]

Update on Brexit and the Pound As the negotiations on Brexit between London and Brussels continue to make little headway, there’s a view in the UK that the EU will agree to a last-minute deal. However, recent history suggests that the EU is wary of giving ground for fear that other countries will threaten to […]