Monthly archive June, 2013

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10736.16 10765.76 10719.37 -0.05 52.53% Chart - Created Using FXCM Marketscope 2.0 Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 0.08 percent lower from the open, the greenback may carve out a higher high in Read More →

Gold prices plunged to their lowest level in close to three years as supportive US economic data drive Fed QE reduction bets. Revised GDP figures are ahead. Talking Points Gold, Silver Plunge as Anti-Fiat Demand Evaporates on Fed QE Taper Bets Oil and Read More →

EUROPEAN SESSION UPDATE: ECB Draghi reiterates accommodative stance; German growth predicted well above the Bundesbank forecast… The Aussie is up, the Pound is down, and ECB President Draghi still sounds unsure if the central bank will further loosen monetary policy; that Read More →

The British Pound is unlikely to find lasting fuel in the BOE Financial Stability Report. Revised US GDP figures will help guide Fed QE reduction expectations. Talking Points British Pound Unlikely to Find Volatility in BOE Financial Stability Report US Dollar Looks to Read More →

EUROPEAN FX HEADLINES: WEEK OF JUNE 23 - British Pound Eyes Fresh Highs on Faster Inflation, BoE Minutes - Euro Biased Lower amid Mixed Docket and Signs of Revived Crisis - EUR/USD Rallies to be Sold as Right Shoulder Develops - GBP/USD Finds Support Read More →

Dollar Steadies Even as S&P 500 Rebounds, Data Leading to Taper? Australian Dollar Advances a Second Day as China Funding Crisis Eases Japanese Yen: Asia Market Volatility Remains, Stirs Yen Crosses Canadian Dollar the Most Oversold Currency Short Term? Swiss Franc: SNB’s Zurbruegg EURCHF Read More →