Monthly archive February, 2013

Dollar Strength Not as Consistent as EUR/USD Tumble Suggests Euro Tumbles Versus Dollar, Yen and Pound During Italian Election Japanese Yen Posts Biggest Rally Since May 2010 British Pound: Was the UK Downgrade Gap the End of the Plunge? Australian Dollar Little Concerned with Read More →

Trading the News: U.S. Consumer Confidence What’s Expected: Time of release: 02/26/2012 15:00 GMT, 10:00 EST Primary Pair Impact: EURUSD Expected: 62.0 Previous: 58.6 DailyFX Forecast: 60.0 to 64.0 Why Is This Event Important: The Conference Board’s Consumer Confidence survey is expected to increase to 62.0 in February Read More →

We have kicked off the new trading week with an incredible swell in volatility. Individual moves from the Euro, Japanese yen, British pound and US equity markets are particular stand outs given the tepid price action we have grown so Read More →

OPEN HIGH LOW LAST PRICE CHANGE % USDOLLAR Index 10440.22 10444.45 10396.24 10416.61 0.117835 EURUSD Curncy 1.3177 1.3319 1.3079 1.3096 -0.74276 GBPUSD Curncy 1.5129 1.5179 1.5073 1.5171 0.05276 USDJPY Curncy 93.89 94.77 92.3 92.71 -0.76001 AUDUSD Curncy 1.0308 1.0333 1.0262 1.027 -0.4845 Sharp Euro declines on the Italian Election results weren’t enough to save the US Dollar, as the Dow Jones FXCM Dollar Index (ticker: USDOLLAR) fell on a pronounced Japanese Yen reversal. Going into tomorrow’s Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10428.62 10444.45 10396.24 0.23 94.30% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.23 percent higher from the open after moving 94 percent of its average true range, and the reserve currency may push higher over Read More →