Monthly archive May, 2013

Trading the News: Bank of Canada Interest Rate Decision What’s Expected: Time of release: 05/29/2013 14:00 GMT, 10:00 EDT Primary Pair Impact: USDCAD Expected: 1.00% Previous: 1.00% DailyFX Forecast: 1.00% Why Is This Event Important: Although the Bank of Canada (BoC) is widely expected to keep the benchmark Read More →

The Euro may rise as German CPI data and an EU policy shift away from austerity limit scope for ECB stimulus. The US Dollar may fall on dovish Fed-speak. Talking Points Euro May Rise on German CPI, EU Economic Policy Recommendations Set US Read More →

Dollar Closes Three Year High as QE3 Taper Fears Return Euro Awaits EU Policy Recommendations for Spain, Cyprus, Slovenia Japanese Yen Retreats from Key Breakout Ahead of BoJ Participants Australian Dollar: AUDUSD, AUDCAD Threaten Critical Break Lower Swiss Franc Shows Remarkable Volatility after Data, Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10828.74 10848.87 10792.96 0.32 80.51% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 0.32 percent higher on the day after the U.S. Consumer Confidence survey and the Richmond Fed Read More →

Talking Points Euro: ECB Continues to Discuss Negative Interest Rates British Pound: U.K. Home Prices, Private Lending to Improve U.S. Dollar: Consumer Confidence, Dallas Fed Manufacturing Survey Read More →