DailyFX - Daily Briefings

Daily Briefings
  1. Precious Metals Pummeled, Crude and Copper Slump Ahead Of China Data
    The commodities space has seen a sea of red in Asian trading today following a break of key technical levels alongside speculation over upcoming Chinese PMI figures.
  2. British Pound Gains, Yen Falls as Scotland Votes Against UK Secession
    The British Pound advanced while the Japanese Yen declined as Scotland voted against secession from the UK, scattering uncertainty and boosting risk appetite.
  3. USD/CAD at Risk for Larger Downside Correction on Sticky Canada CPI
    An uptick in Canada’s core rate of inflation may spur a larger decline in the USD/CAD as it raises the BoC’s scope to raise the interest rate sooner rather than later.
  4. AUDNZD Scalps Targets Key Inflection Range - 1.1020 Critical Support
    AUDNZD has filled the Sunday gap with the weekly opening range taking shape just above a major support. Here’s the setup with the updated targets & invalidation levels.
  5. Gold And Silver Cling To Key Technical Levels In FOMC Aftermath
    Gold and silver are in a precarious position near noteworthy support levels as firming Fed rate hike expectations threaten to topple the pair.
  6. Markets Brace for More Volatility on ECB TLTRO, Scotland Referendum
    Currency markets are bracing for another day of breakneck volatility as the ECB launches its TLTRO facility and Scotland votes on seceding from the UK.
  7. British Pound: Scottish Vote is Close and FX Traders are Nervous
    Market participants are clearly concerned about what a possible Scottish secession from the United Kingdom could mean for the British Pound…
  8. EUR/USD Risks Larger Rebound If FOMC Retains Dovish Forward-Guidance
    The FOMC meeting may generate a more meaningful correction in the EUR/USD should the central bank remain reluctant to move away from the zero-interest rate policy (ZIRP).
  9. Dollar Checks Back in Anticipation of FOMC Decision
    Given the fundamental platform the market has been built upon over the past few years – low participation, excessive leverage and a dependency on low volatility conditions – the impact of this event could ripple throughout the financial system
  10. Dollar and Yen to Rise as Aussie Falls if FOMC Stokes Rate Hike Bets
    The US Dollar and the Japanese Yen may rise while the Aussie falls if a perceived “hawkish” shift in FOMC rhetoric fuels rate hike bets and drives risk aversion.
  11. AUDJPY Outside Reversal Day- Scalps Favor Buying Dips Above 96.38
    AUDJPY has reversed off key support with a breach of the weekly opening range shifting out focus higher. Here are the updated targets & invalidation levels.
  12. Dollar Squeezes Out Sixth Straight Advance Amid Financial Market Warnings
    The chorus of officials issuing warning over the complacency and risks present in the financial system keeps building towards a crescendo…
  13. Pound May Pay Little Heed to UK CPI with Scotland Vote in Focus
    The British Pound may pay little heed to Augusts’ UK inflation figures as all eyes focus on the Scottish Independence referendum due later in the week.
  14. EURUSD Short Bias at Risk Ahead of FOMC- 1.29 Bullish Invalidation
    EURUSD is at support ahead of major event risk with the weekly opening now in focus. Here are the updated targets & invalidation levels.
  15. Crude Oil Slammed As Chinese Demand Concerns Rekindled By Data Slump
    Crude oil has been sent reeling in Asian trading following a slump in Chinese Industrial Production, which has overshadowed Russian supply disruption fears.
  16. Yen Gains, Aussie Dollar Falls on Soft Chinese Economic Data
    The Japanese Yen advanced while the Australian Dollar declined as soft Chinese economic data fueled risk aversion in Asian trading hours.
  17. EUR/USD Risks Further Decline on Upbeat U.S. Retail Sales Report
    A marked pickup in U.S. Retail Sales may spur a further decline in the EUR/USD as it boosts bets of seeing the Fed normalize monetary policy sooner rather than later.
  18. Australian Dollar May Continue Lower if US Data Fuels Risk Aversion
    The Australian Dollar underperformed overnight and may remain under pressure if upbeat US data fuels Fed rate hike speculation, feeding risk aversion.
  19. Gold, Silver Dumped As USD Flexes Its Muscles Ahead Of Retail Sales Data
    Gold and silver remain at risk as the greenback proves its might ahead of upcoming retail sales and consumer confidence figures.
  20. Dollar Looks to Fed to Secure Strongest Run in Half a Century

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