Monthly archive June, 2013

Trading the News: German Retail Sales What’s Expected: Time of release: 06/28/2013 6:00 GMT, 2:00 EDT Primary Pair Impact: EURUSD Expected: 0.4% Previous: -0.4% DailyFX Forecast: -0.4% to 0.4% Why Is This Event Important: German retail sales are projected to increase 0.4% in May and the rebound in Read More →

Stimulus has become such an engrained aspect to the market’s performance over the past four years, that any potential changes to the central bank-sourced support can have more sway over market performance than traditional fundamentals. Since the Federal Reserve announced Read More →

THE TAKEAWAY: GBP Gross Domestic Product (YoY) (1Q F) +0.3% versus +0.6% expected, from +0.6% > EUR German Unemployment Rate (JUN) 6.8% versus 6.9% expected, from 6.8% (revised down from 6.9%) > GBPUSD falls down to $1.5200 There were several economic Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10792.5 10801.36 10742.21 0.25 69.25% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.25 percent higher from the open as Personal Income increased 0.5 percent in May while Pending Home Read More →