Monthly archive February, 2013

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10417.35 10427.53 10391.97 0.07 67.81% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 0.08 percent higher from the open after moving 56 percent of its average true range, and the reserve currency may track higher Read More →

Talking Points Euro: Price Growth Slows Further, More Dovish ECB on Tap British Pound: U.K. Consumer Credit, Mortgage Approvals in Focus U.S. Dollar: 4Q GDP Disappoints, More Fed Rhetoric Ahead Euro: Price Growth Slows Further, More Dovish ECB on Tap The EURUSD tagged an overnight Read More →

Commodity prices are lagging firming risk appetite but an upward revision may spark a catch-up advance, with oil chasing stocks higher as gold gains on stimulus bets. Talking Points Crude Oil, Copper May Follow Risk Trends Higher on US GDP Upgrade Gold and Read More →

THE TAKEAWAY: Euro-zone inflation confirmed at 2.0% for January -> Inflation on par with the ECB target -> Euro trading unchanged Euro-zone annual inflation fell to the lowest level since November 2010, confirming an earlier estimate by Eurostat. Consumer prices fell Read More →

The Euro is at risk as CPI data threatens to reinforce dovish comments from ECB President Draghi while the Yen looks to the US GDP report to guide risk appetite trends. Talking Points Euro at Risk if Soft German CPI Data Drives Read More →

Dollar Suffers as Bernanke Sparks Risk Rally, FX War Talk Builds Euro Winning as ECB Losing the Verbal Intervention Game Japanese Yen Traders Show Little Reaction to BoJ Nominations Australian Dollar: RBA Says Currency 4 to 15 Percent Overvalued British Pound in Fundamental Holding Read More →