Monthly archive November, 2013

Talking Points: US Dollar fails to hold on at a two week high Disappointing consumer confidence knocks back greenback bullishness A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Dollar 15-Minute 12:00 11/25 to Read More →

Talking Points: - USDOLLAR Continues to Carve Higher High; Threatens Former Support - Australian Dollar Searching for Support; RSI Threatens Oversold Territory Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10640.03 10661.05 10616.87 -0.05 88.76% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Retails Bullish Trend; Former Support Providing Read More →

Talking Points: - No European data this morning; BoE’s Carney offers little for Sterling. - US economic calendar sees several key events due. - Rotation from commodity bloc into European currencies continues. To keep up with the European data and news as the week Read More →

Talking Points: - US markets on holiday schedule Wednesday to Friday. - Few important calendar releases – start on Tuesday. - Little follow through expected this week. Trading conditions around holidays tend to be less exciting as traders (literally) step away from their desks, Read More →

Talking Points: British Pound May Fall on Dovish Lean in BOE Officials’ Testimony US Dollar Fell in Asia as Soft Economic Data Dented QE Taper Bets November’s US Consumer Confidence Report May Be Disappointing Get Real-Time Feedback on Your Trades with DailyFX on Demand! The Read More →