Menu

Monthly archive November, 2012

Forex: USD Index Carves Higher Low Ahead Of NFP- JPY Remains Oversold

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9986.69 10009.72 9973.55 0.09 97.52% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.09 percent higher on the day after moving 97 percent of its average true range, and the upward trend in the 30-minute relative Read More →

Forex: EUR Weighed By Rate Expectations- GBP To Steady Ahead Of BoE

Talking Points Euro: ECB Sees Return To Growth In 2013, Unemployment Hits Record High British Pound: BoE To Maintain Current Policy, Drop Dovish Tone Euro: ECB Sees Return To Growth In 2013, Unemployment Hits Record High The Euro climbed to a fresh monthly high Read More →

Commodities: Crude Oil, Gold Rise as Germany Approves Greek Deal

Commodities are edging higher amid a broad pick-up in risk appetite after Germany approved the new Greece bailout deal. US “fiscal cliff” worries are now in focus. Talking Points Commodities Rise as Germany Approves New Greek Bailout Deal “Fiscal Cliff” Chatter in Focus Read More →

Forex News: Euro Briefly Rises Above 1.30 on Draghi Optimism

Today’s European session is full of official chatter, and the recent Greek aid deal, the possible single bank supervisor, and the general state of the European economy, seem to be the agreed upon topics of discussion. ECB’s Draghi began the chatter Read More →

Forex Analysis: Euro at Risk on CPI, Dollar May Rise on Risk Aversion

The Euro may fall as slowing inflation boosts ECB easing expectations while the Dollar may recover as S&P 500 futures point to risk aversion into the week-end. Talking Points Euro May See Selling Pressure as Eurozone CPI Drop Drives ECB Easing Bets S&P Read More →

Forex: Dollar Breakout Risk Escalates as Fiscal Cliff Worries Grow

Dollar Breakout Risk Escalates as Fiscal Cliff Worries Grow Euro: No Confirmed News is Good News? Japanese Yen Tumble after Stimulus Approved May not Last Swiss Franc Refuses to Rally After Strong GDP Australian Dollar Slides as Expectations of RBA Cut Swell Canadian Dollar Volatility Read More →