June 2015

By Ilya Spivak, Currency Strategist Talking Points - US Dollar Marking Time After Pushing Through Range Floor - S&P 500 in Digestion Mode After Last Week’s Upside Break - Gold Stalls Above $1200/oz, Crude Oil Breaks Trend Support…

By Ilya Spivak, Currency Strategist Talking Points - US Dollar Marking Time After Pushing Through Range Floor - S&P 500 in Digestion Mode After Last Week’s Upside Break - Gold Stalls Above $1200/oz, Crude Oil Breaks Trend Support…

Monday will be an important day as there will be an emergency summit meeting by EU leaders in order to discuss the Greek debt crisis after talks failed at Thursday’s Eurogroup meeting of finance ministers. The Greek government submitted…

Cable tested resistance near 1.5910 but was unable to break last week’s highs at 1.5930, and dropped back toward the mid 1.58 level. Last week’s seven-month high at 1.5930. The pound looks to be in process of establishing a broadly higher…

By Ilya Spivak, Currency Strategist Talking Points - US Dollar Technical Strategy: Holding Long - Support: 11717, 11634, 11515 - Resistance: 11779, 11841, 11886 The Dow Jones FXCM US Dollar Index continued to push downward following…

By Ilya Spivak, Currency Strategist Talking Points - USD/CAD Technical Strategy: Flat - Support: 1.2213, 1.2105, 1.1997 - Resistance: 1.2268, 1.2384, 1.2562 The US Dollar declined against its Canadian namesake as expected after prices…

By Ilya Spivak, Currency Strategist Talking Points - GBP/USD Technical Strategy: Flat - Support: 1.5794, 1.5647, 1.5464 - Resistance: 1.5941, 1.6124, 1.6418 The British Pound moved higher against the US Dollar as expected after producing…

By Christopher Vecchio, Currency Strategist Fundamental Forecast for Euro: Neutral - FX markets have thus far seen very little day-to-day impact of the Greek negotiations. - The initial reaction to the June FOMC statement was for a…