Course Trading Tips

US Dollar Tumbles as Fed Leaves Rates Unchanged

September 22, 2015
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- US Dollar tumbles as Fed leaves rates unchanged - Markets priced in a roughly 30% chance of rate hike - Follow real-time news update via the Forex Real Time News page The US Dollar has fallen sharply as the US Federal Reserve left interest rates unchanged. Now we wait until Fed Chair Janet...

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Gold Soars Yet Copper Falls on Growth Risks after Fed Defers Rate Hike

September 22, 2015
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Talking Points: Oil supported by weak USD and potential withdrawal of US exports ban Gold soared as interest rate hike was postponed, for now Copper pared gains from Chile mine halts, after Fed alerted of weak growth Copper pared earlier gains from supply disruption as market focused on Janet Yellen’s statement on slow growth...

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Aussie, NZ Dollars Rise as Euro Falls Amid Post-FOMC Correction

September 22, 2015
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Talking Points: Australian, NZ Dollars Rebound as Euro Falls Amid Post-FOMC Correction SP 500 Futures Hint Risk-On Mood Likely into the End of the Trading Week See Economic Releases Directly on Your Charts with the DailyFX News App Currency markets were in corrective mode in overnight trade. The Australian and New Zealand Dollars outperformed...

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USD/CAD to Hold Post-Fed Low on Dismal Canada CPI Report

September 22, 2015
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- Canada CPI to Hold Steady at Annualized 1.3%- Fastest Pace of Growth for 2015. - Core Rate of Inflation to Slow to 2.1%- Slowest Rate of Expansion Since February. For more updates, sign up for David’s e-mail distribution list. Trading the News: Canada Consumer Price Index (CPI) Even though Canada’s Consumer Price Index...

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Short Covering Unfolds in Commodity FX Bloc versus USD Post-FOMC

September 22, 2015
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Talking Points: - High yielding and emerging market currencies in focus today. - Base case is for no rate hike, lower rate guidance. - See the September forex seasonality report. The Federal Reserve did what was largely expected of it yesterday, keeping its main rate on hold at 0.25% and announcing no substantive changes...

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GBP/USD Topside Targets in Focus Amid Tightening Race Between BoE/Fed

September 22, 2015
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Talking Points: - GBP/USD Topside Targets in Focus Amid Tightening Race to Normalize Policy. - AUD/USD Risks Larger Rebound as RBA Continues to Endorse Neutral Stance. - USDOLLAR Continues to Carve Bearish Formation Following Cautious Fed. For more updates, sign up for David’s e-mail distribution list. GBP/USD Chart – Created Using FXCM Marketscope 2.0...

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