Monthly archive February, 2013

Trading the News: German Unemployment Change What’s Expected: Time of release: 02/28/2013 8:55 GMT, 3:55 EST Primary Pair Impact: EURUSD Expected: 0K Previous: -16K DailyFX Forecast: 5K to 15K Why Is This Event Important: Unemployment in Germany is expected to hold flat during February after contracting 16K the Read More →

OPEN HIGH LOW LAST PRICE CHANGE % USDOLLAR Index 10423.36 10433.06 10396.33 10408.35 -0.1441 EURUSD Curncy 1.3061 1.3141 1.3042 1.3138 0.589541 GBPUSD Curncy 1.5125 1.5188 1.5081 1.5157 0.21157 USDJPY Curncy 91.98 92.44 91.14 92.17 0.206567 AUDUSD Curncy 1.0229 1.0246 1.0184 1.0232 0.029328 Prices were taken at 4pm EST. The Dow Jones FXCM Index fell slightly on a noteworthy Euro rebound, but a better-than-expected Pending Home Sales report boosted optimism for further US economic recovery. Going into tomorrow‘s Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10421.47 10433.06 10396.33 -0.02 70.77% Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.02 percent lower from the open, the greenback looks poised for a short-term rebound as the 30-minute relative strength comes up against Read More →

Talking Points Euro: Economic Confidence Improves, Private Lending Contracts British Pound: BoE Talks Down Bets for More QE, Negative Interest Rates U.S. Dollar: Durable Goods Disappoint, Pending Home Sales on Tap Euro: Economic Confidence Improves, Private Lending Contracts The Euro climbed to an overnight high Read More →

A mix of bearish and bullish news in today’s European session has left the Euro with a 40 point gain since the start of today’s trading, a pretty small move when compared to the 300 point selloff over the past Read More →