FX News

Euro May Fall on ZEW Survey, Aussie Looks to Budget for Cues

The Euro may fall if German ZEW survey data disappoints. The Australian Dollar looks to the details of the government’s 2013-14 budget for direction. Talking Points Euro May Fall if Soft ZEW Survey Drives ECB Easing Expectations Australian Dollar Looks to 2013-14 Federal Read More →

Dollar Starting to Lose Ground with EUR/USD, USD/JPY

Dollar Starting to Lose Ground with EUR/USD, USD/JPY Euro Gains Limited Ground on News of Cyprus, Greek Rescue Payments Japanese Yen Given Another Reprieve by G7, but Does that Keep the Yen Falling? New Zealand Dollar: Look Beyond Immediate Volatility In Morning Data Australian Read More →

GBPUSD Clears Primary Objective- Short Scalps In Play Sub-1.54

GBPUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook Primary 1.54 Objective has now been achieved- Maintaining Bearish Bias below this mark Channel break dating back to March further reinforces our directional bias Secondary objectives now in view 1.5218 - 1.5265 (50% near-term Read More →

NZD/USD- Trading the New Zealand Retail Sales Report

Trading the News: New Zealand Retail Sales What’s Expected: Time of release: 05/13/2013 22:45 GMT, 18:45 EDT Primary Pair Impact: NZDUSD Expected: 0.8% Previous: 2.1% DailyFX Forecast:0.8% to 1.0% Why Is This Event Important: New Zealand retail sales are projected to increase another 0.8% in the first-quarter of Read More →

USDOLLAR Getting Overbought- AUD to Struggle Amid RBA Policy

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10679.57 10694.76 10658.49 0.21 65.27% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.21 percent higher from the open after trading 65 percent of its average true range, and the Read More →

Dollar Thunders Higher, Traders Positioned for Further Strength

Article Summary: The US Dollar has broken higher, and traders have positioned themselves for further strength. We like buying USD against the AUD, EUR, JPY, and CHF in particular. DailyFX PLUS System Trading Signals – What a difference a week makes. Read More →