Monthly archive March, 2013

The Japanese Yen may face increasing selling pressure if US ISM manufacturing data tops expectations, boosting risk sentiment across financial markets. Talking Points Yen Drops on Japanese Deflation Deepens, US ISM Data May Amplify Pressure British Pound Sinks as PMI Data Disappoints, Stoking Read More →

Dollar Gains Versus Euro, Dow Slips Market Awaits Sequester Euro: CPI, Unemployment and LTRO Repayment Define ECB’s Decision Japanese Yen Unresponsive to BoJ Candidates, What Next? Canadian Dollar Tumbles Ahead of GDP Release Swiss Franc: The Fundamental Issues with a Technical USDCHF Breakout British Pound Read More →

Created Using Marketscope 2.0 THE TAKEAWAY: After gapping higher on Monday of this week, the US Dollar Index ended the week largely flat Read More →

Trading the News: Canada Quarterly Gross Domestic Product (GDP) What’s Expected: Time of release: 03/01/2013 13:30 GMT, 8:30 EST Primary Pair Impact: USDCAD Expected: 0.6% Previous: 0.6% DailyFX Forecast: 0.4% to 0.6% Why Is This Event Important: The GDP report is expected to show Canada expanding another 0.6% Read More →