Monthly archive November, 2012

Trading the News: German Unemployment Change What’s Expected: Time of release: 11/29/2012 8:55 GMT, 3:55 EST Primary Pair Impact: EURUSD Expected: 16K Previous: 20K DailyFX Forecast: 15K to 20K Why Is This Event Important: Unemployment in Germany is projected to increase another 16K in November and the ongoing Read More →

Trying to pick a winner between euro/sterling fundamentals could easily be called the "least ugly contest" right now. Both the UK and the Euro-zone have faced massive economic challenges in recent months and years and neither economy sees particularly bright Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9972.79 9999.03 9970.98 -0.12 76.36% Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.12 percent lower from the open after moving 76 percent of its average true range, the recent weakness in the reserve currency Read More →

Talking Points Euro: Germany To Vote On Greek Deal, Schaeuble Sees Further Assistance British Pound: BoE Keeps Door Open For More QE Amid Ongoing Slack U.S. Dollar: Benefits From Risk Aversion, Fed’s Beige Book In Focus Euro: Germany To Vote On Greek Deal, Schaeuble Read More →

The prices of gold and silver slightly declined along with other commodities prices such ad crude oil, stocks and the major risk currencies. The U.S consumer confidence report came out yesterday: the index for November slightly rose. The U.S core Read More →