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Monthly archive March, 2013

USD to Face Holiday Trade- Bullish Formation Remains Intact

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10469.42 10485.66 10460.7 -0.10 51.15% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 0.10 percent lower from the open after moving 42 percent of its average true range, but Read More →

Euro Rebound at Risk amid Deepening Recession- All Eyes on ECB

Talking Points Euro: Cyprus Avoids Bank Run- OECD Called for More Monetary Easing British Pound: Poised to Hold Range Ahead of BoE, Another 6-3 Split Ahead Euro: Cyprus Avoids Bank Run- OECD Called for More Monetary Easing The Euro pared the sharp decline from Read More →

Will Ford Fall? Toyota Surge? Protect Your Portfolio With This Tool

Do you own these stocks? Protect your Portfolio Trade Idea: Long US Dollar/Japanese Yen (USD/JPY) with http://www.fxcm.com/ Why is Ford Motor Company falling, and why is Toyota Motor Corporation surging? We take a look at a key factor that may continue to Read More →

Cypriot Bank Customers Remain Calm at the Long Awaited Open

At the start of the European session, we knew to expect further uncertainty from Italy and Cyprus, but who expected to add Germany to the list of countries causing Euro losses this morning? Following a brief drift back above the 1.2800 Read More →

Crude Oil to Rise as Gold Falls on Orderly Cyprus Banks Reopen

Crude oil is likely to rise amid a recovery in risk appetite while gold prices fall if Cyprus manages an orderly reopening of the troubled nation’s banks. Talking Points Crude Oil, Copper Look to Reopening of Cyprus Banks to Guide Risk Trends Gold Read More →

Euro Eyes Cyprus Banks Open, Krona May Rise on German Data

The Euro looks toward the reopening of banks in Cyprus for direction cues while the Swedish Krona may rise if German jobs data tops expectations. Talking Points Swedish Krona May Rise if German Jobs Report Tops Expectations Euro Looks to Reopening of Cyprus Read More →