David Song

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1d
Market Watch
Dollar selloff continues; euro pushes above $1.12The dollar came under renewed pressure Thursday, building on Wednesday’s rout o
Dollar selloff continues; euro pushes above $1.12
Market Watch / Posted yesterday
The dollar came under renewed pressure Thursday, building on Wednesday’s rout on concerns about the strength of the U.S. economy and fading expectations that the Federal Reserve will deliver more interest-rate increases this year. “The continued... Read more
3d
Billboard
Lianne La Havas and Her Fans Excel at Solo Manhattan ShowLianne La Havas’ performance at the McKittrick Hotel in Manhattan last night (F
Lianne La Havas and Her Fans Excel at Solo Manhattan Show
Billboard / Posted 3 days ago
Lianne La Havas’ performance at the McKittrick Hotel in Manhattan last night (Feb. 1) was an experiment. “I’ve never done this before on my lonesome,” she explained. Playing solo for an hour for the first time gave her the chance to render her songs... Read more
4d
Orange County Register
Storm dampens streets, knocks down trees and kills power across Orange CountyThe winds were so strong Sunday night into Monday that Newport Beach Lifeguard
Storm dampens streets, knocks down trees and kills power across Orange County
Orange County Register / Posted 4 days ago
The winds were so strong Sunday night into Monday that Newport Beach Lifeguard Battalion Chief Mike Halphide said he has not seen gusts like this in nearly three decades. “It’s just strong-blowing wind,” Halphide said. “People are out with their... Read more
15d
Daily FX
USD/JPY Breakout in Focus Ahead of Fed, BoJ Rate DecisionsUSD/JPY may continue to retrace the decline from earlier this month as it break
USD/JPY Breakout in Focus Ahead of Fed, BoJ Rate Decisions
Daily FX / Posted 15 days ago
USD/JPY may continue to retrace the decline from earlier this month as it breaks out of the range-bound price action carried over from the previous week, while the Relative Strength Index (RSI) breaks out of the bearish formation carried over from... Read more
5 related stories
15d
Daily FX
Sticky Canada CPI to Fuel Larger USD/CAD CorrectionA pickup in Canada’s Consumer Price Index (CPI) may heighten the appeal of the
Sticky Canada CPI to Fuel Larger USD/CAD Correction
Daily FX / Posted 15 days ago
A pickup in Canada’s Consumer Price Index (CPI) may heighten the appeal of the loonie and fuel a larger pullback in USD/CAD as it encourages the Bank of Canada (BoC) to retain a wait-and-see approach in 2016. With the BoC largely endorsing a neutral... Read more
5 related stories
16d
Daily FX
GBP/USD Bearish Outlook Clouded With Signs of ExhaustionGBP/USD remains at risk for a further decline especially as the Relative Streng
GBP/USD Bearish Outlook Clouded With Signs of Exhaustion
Daily FX / Posted 16 days ago
GBP/USD remains at risk for a further decline especially as the Relative Strength Index (RSI) sits in oversold territory, but a failure to retain the bearish formation from back in December may generate a near-term rebound in the exchange rate as the... Read more
5 related stories
16d
Daily FX
EUR/USD Stuck in Tight Range Ahead of ECB; Short-Squeeze on Tap?Despite the ongoing easing cycle in the euro-area, the fresh rhetoric coming ou
EUR/USD Stuck in Tight Range Ahead of ECB; Short-Squeeze on Tap?
Daily FX / Posted 16 days ago
Despite the ongoing easing cycle in the euro-area, the fresh rhetoric coming out of the European Central Bank (ECB) may spur a similar market reaction to the December interest rate decision as the Governing Council takes a more cautious approach in... Read more
3 related stories
17d
Daily FX
USD/CAD Remains Overbought Following BoC- ECB Takes SpotlightUSD/CAD may extend the advance from earlier this month as the Relative Strength
USD/CAD Remains Overbought Following BoC- ECB Takes Spotlight
Daily FX / Posted 17 days ago
USD/CAD may extend the advance from earlier this month as the Relative Strength Index (RSI) pushes deeper into overbought territory but, the fresh comments from the Bank of Canada (BoC) may help to temper the bearish sentiment surrounding the... Read more
5 related stories
17d
Daily FX
GBP/USD Risks Further Losses on Slowing U.K. Job/Wage GrowthA 2.8K rise in U.K. Jobless Claims accompanied with another slowdown in wage gr
GBP/USD Risks Further Losses on Slowing U.K. Job/Wage Growth
Daily FX / Posted 17 days ago
A 2.8K rise in U.K. Jobless Claims accompanied with another slowdown in wage growth may generate fresh 2016 lows in GBP/USD as it raises the Bank of England’s (BoE) scope to further delay its normalization cycle. The recent comments from BoE... Read more
5 related stories
18d
Daily FX
GBP/USD Remains Heavily Oversold- NZD/USD Rebound at RiskDespite the bullish reaction to the U.K. Consumer Price Index (CPI), GBP/USD st
GBP/USD Remains Heavily Oversold- NZD/USD Rebound at Risk
Daily FX / Posted 18 days ago
Despite the bullish reaction to the U.K. Consumer Price Index (CPI), GBP/USD struggles to hold its ground and continues to search for support as Bank of England (BoE) Governor Mark Carney shows a greater willingness to further delay the normalization... Read more
5 related stories
21d
Boston Herald
Oh Oscar, Critics Choice & awardsThis week’s Academy Awards nominations held a few surprises – not all of them p
Oh Oscar, Critics Choice & awards
Boston Herald / Posted 21 days ago
This week’s Academy Awards nominations held a few surprises – not all of them pleasant. There was the all-white actors’ slate of 20 nominees, the unexpected omission of STRAIGHT OUTTA COMPTON as a Best Picture nominee and two Supporting nominations... Read more
22d
Daily FX
EUR/USD Threatens Range; Retail FX Remains Net-Short Ahead of ECBEven though market participants anticipate the European Central Bank (ECB) to e
EUR/USD Threatens Range; Retail FX Remains Net-Short Ahead of ECB
Daily FX / Posted 22 days ago
Even though market participants anticipate the European Central Bank (ECB) to endorse a dovish outlook at the January 21 interest rate decision, EUR/USD climbs to a fresh monthly high (1.0983), with a close above 1.0970 (38.2% expansion) raising the... Read more
5 related stories
22d
Daily FX
Dismal U.S. Retail Sales to Prop Up EUR/USD- Opening Range in FocusA 0.1% contraction in U.S. Retail Sales may drag on the greenback and spur a ne
Dismal U.S. Retail Sales to Prop Up EUR/USD- Opening Range in Focus
Daily FX / Posted 22 days ago
A 0.1% contraction in U.S. Retail Sales may drag on the greenback and spur a near-term advance in EUR/USD as it undermines the Fed’s scope to further normalize monetary in the first-half of 2016. Even though the Federal Open Market Committee (FOMC)... Read more
23d
Daily FX
AUD/USD Manages to Hold Above 2015 Low; Retail FX Remains Net-LongEven though the long-term outlook for AUD/USD remains tilted to the downside, t
AUD/USD Manages to Hold Above 2015 Low; Retail FX Remains Net-Long
Daily FX / Posted 23 days ago
Even though the long-term outlook for AUD/USD remains tilted to the downside, the failed attempts to test the 2015 low (0.6906) may encourage a near-term rebound especially as the Relative Strength Index (RSI) holds above oversold territory. With... Read more
5 related stories
23d
Daily FX
GBP/USD Oversold Ahead of BoE- Will Governor Carney Talk Up Cable?Even though the Bank of England (BoE) interest rate decision is likely to revea
GBP/USD Oversold Ahead of BoE- Will Governor Carney Talk Up Cable?
Daily FX / Posted 23 days ago
Even though the Bank of England (BoE) interest rate decision is likely to reveal another 8-1 split within the central bank, the fresh comments may boost the appeal of the sterling and spur a near-term rebound in GBP/USD should the committee change... Read more
5 related stories
24d
Daily FX
AUD/USD to Eye 2015 Low on Dismal Australia Employment ReportA 10.0K contraction in Australia Employment accompanied by an uptick in the job
AUD/USD to Eye 2015 Low on Dismal Australia Employment Report
Daily FX / Posted 24 days ago
A 10.0K contraction in Australia Employment accompanied by an uptick in the jobless rate may spur fresh monthly lows in AUD/USD as it puts increased pressure on the Reserve Bank of Australia (RBA) to further embark on its easing cycle in 2016. The... Read more
24d
Daily FX
Gold Bounces From Familiar Territory- EUR/JPY Risks Larger ReboundGold prices stand at risk of extending the rebound from the end of 2015 as the
Gold Bounces From Familiar Territory- EUR/JPY Risks Larger Rebound
Daily FX / Posted 24 days ago
Gold prices stand at risk of extending the rebound from the end of 2015 as the precious metal comes off of former resistance around $1,080 (23.6% retracement), while the Relative Strength Index (RSI) largely retains the bullish formation from back in... Read more
25d
Daily FX
Cable Continues to Search for Support- FX Position Back at ExtremeGBP/USD extends the decline from earlier this week as U.K. Industrial & Manufac
Cable Continues to Search for Support- FX Position Back at Extreme
Daily FX / Posted 25 days ago
GBP/USD extends the decline from earlier this week as U.K. Industrial & Manufacturing unexpectedly contracts in November; with the Relative Strength Index (RSI) pushing deeper into oversold territory, downside targets remain in focus with the next... Read more
5 related stories
26d
Daily FX
USD/JPY RSI Sits in Oversold Territory, Retail FX Remains Net-LongUSD/JPY stands at risk for a larger decline as the pair continues to carve lowe
USD/JPY RSI Sits in Oversold Territory, Retail FX Remains Net-Long
Daily FX / Posted 26 days ago
USD/JPY stands at risk for a larger decline as the pair continues to carve lower lows while the Relative Strength Index (RSI) preserves the bearish formation from back in November but, the oscillator may highlight a near-term exhaustion as it holds... Read more
5 related stories
29d
Daily FX
USDOLLAR Breakout Attempt Fizzles Despite Upbeat NFP ReportEven though the Dow Jones-FXCM U.S. Dollar clears the November high (12,219) fo
USDOLLAR Breakout Attempt Fizzles Despite Upbeat NFP Report
Daily FX / Posted 29 days ago
Even though the Dow Jones-FXCM U.S. Dollar clears the November high (12,219) following the 292K expansion in Non-Farm Payrolls (NFP), another failed attempt to produce a higher closing price may continue to produce range-bound prices as U.S. wage... Read more
2 related stories
29d
Daily FX
EUR/USD Rebound to Fizzle on Strong U.S. NFP ReportAnother 200K expansion in Non-Farm Payrolls (NFP) paired with a meaningful pick
EUR/USD Rebound to Fizzle on Strong U.S. NFP Report
Daily FX / Posted 29 days ago
Another 200K expansion in Non-Farm Payrolls (NFP) paired with a meaningful pickup in U.S. wage growth may trigger a short-term selloff in EUR/USD as it puts increased pressure on the Federal Open Market Committee (FOMC) to further normalize monetary... Read more
4 related stories
30d
Daily FX
EUR/USD Eyes 1.0900 Despite Mixed Euro-Zone DataWith EUR/USD extending the rebound from earlier this week, will keep a close ey
EUR/USD Eyes 1.0900 Despite Mixed Euro-Zone Data
Daily FX / Posted 30 days ago
With EUR/USD extending the rebound from earlier this week, will keep a close eye on former support around 1.0910 (38.2% expansion) for new resistance; the pair remains at risk of giving back the advance following the European Central Bank’s (ECB)... Read more
4 related stories

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