Monthly archive August, 2013

Dollar Unable to Climb on Biggest Drop in Equities in Two Months British Pound Positioned for Breakouts, Volatility on Carney Speech Japanese Yen Surges Higher as Carry Falls to 12-Month Low Emerging Markets Plunge Yet Again, Brazil Rate Decision Ahead Euro Steady Despite Equities Read More →

TheDow Jones-FXCM U.S. Dollar Index failed to benefit from the positive data coming out of the U.S. economy, while the Japanese Yen is gaining ground across the board. Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10723.31 10762.59 10717.37 -0.09 82.49% USDOLLAR 30-Minute Chart - Created Using Read More →

Trading the News: U.S. Consumer Confidence U.S. Consumer Confidence is expected to narrow for the second month in August and a marked downturn may produce a spark a selloff in the U.S. dollar as it raises the Fed’s scope to maintain Read More →

THE TAKEAWAY: German IFO Business Climate Survey rises to a 16-month high -> German economy may continue towards a predicted year-end recession -> Euro declines along with equities Want to trade with proprietary strategies developed by FXCM? Find out how here. The Read More →

The Japanese Yen rose amid risk aversion as Asian markets followed Wall Street lower on Syria-linked risk aversion. The Euro may rise on Augusts’ German IFO data. Talking Points Yen Rallies, Aussie and NZ Dollars Sink on Syria-Linked Jitters Spark Risk Aversion Euro Read More →