Monthly archive May, 2013

The Japanese Yen and the Aussie rose while the US Dollar declined amid liquidation of consensus trades across financial markets. More of the same is likely ahead. Talking Points Yen, Aussie Dollar Rise as Profit-Taking on Established Trends Returns in Asia US Dollar Read More →

Dollar Risks Tumble if QE3 Taper Talk or Capital Market Don’t Catch Euro Suspiciously Aloof About Broad Warning About Future Japanese Yen: Policy Officials Try to Talk Down Stimulus Risks Australian Dollar: Bond Sales Reflect Aussie’s Other Problem Swiss Franc Faces Another Volatility Spark Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10788.22 10878.22 10775.62 -0.57 142.50% Chart - Created Using FXCM Marketscope 2.0 Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.49 percent lower from the open, we’re seeing the greenback hold above the 61.8 percent Fibonacci Read More →

Gold prices may rise if dovish commentary from Boston Fed President Rosengren dents expectations of QE3 reduction and weighs on the US Dollar. Talking Points Crude Oil and Copper Outlook Clouded as Risk Trends Consider Fed QE Outlook Gold, Silver May Rise if Read More →