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British Pound May Weaken as Soft CPI Drives Dovish BOE Bets

British Pound May Weaken as Soft CPI Drives Dovish BOE Bets

7:40am today (Ilya Spivak, Currency Strategist)

The British Pound may fall as CPI inflation hits a seven-month low, driving expectations of an expanded BOE stimulus effort on the horizon. »

US Dollar Chart Setup Hints Deeper Losses May Be Ahead

US Dollar Chart Setup Hints Deeper Losses May Be Ahead

4:16am today (Ilya Spivak, Currency Strategist)

US Dollar technical positioning hints a larger correction lower may be ahead while the S&P 500 appears poised to continue pushing upward. »

USD/JPY Wavers but Will it Turn on Policy Shift?

USD/JPY Wavers but Will it Turn on Policy Shift?

4:06am today (John Kicklighter, Chief Currency Strategist)

USDJPY and other yen-based crosses dropped sharply on Monday's open on surprising policy comments, but does this represent enough of a fundamental shock to turn this overbought market? »

GBP/USD- Trading the U.K. Consumer Price Report

GBP/USD- Trading the U.K. Consumer Price Report

4:00am today (David Song, Currency Analyst)

The British Pound may struggle to hold its ground ahead of the Bank of England (BoE) Minutes should we see a marked slowdown in U.K. inflation. »

Dollar Retreats Before Key Fed Officials Weigh In on QE3

Dollar Retreats Before Key Fed Officials Weigh In on QE3

2:20am today (John Kicklighter, Chief Currency Strategist)

Having charged forward under one of the strongest two-week advances in nearly 18-months, the Dow Jones FXCM Dollar Index (ticker = USDollar) was in for a breather. »

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