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USD Eyes 10,600 Ahead of 1Q GDP- JPY May Threaten 100 on BoJ

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10541.61 10542.99 10505.74 0.18 71.77% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.18 percent lower from the open after moving 71 percent of its average true range, and the Read More →

Euro Remains Capped Despite ECB Hopes, Sterling to Face 1Q GDP

Talking Points Euro: ECB to Weigh ‘New Options,’ Banks to Repay EUR 10.9B British Pound: Lending to U.K. Firms Fall GBP 2.8B, 1Q GDP in Focus U.S. Dollar: G20 Meeting Goes Unnoticed, 1Q GDP to Grow 3.0% Euro: ECB to Weigh ‘New Options,’ Banks Read More →

Gold, Crude Oil Look to G20 to Fuel Continued Recovery

Gold and crude oil prices are looking to a softening tone on debt reduction from G20 officials to boost risk appetite and extend a recovery into the week-end. Talking Points Crude Oil Prices Look to G20 Statement to Fuel Continued Recovery Gold and Read More →

Risk-On Sends Pound, Kiwi Higher on the Back of the Yen

Over today’s European session, the New Zealand Dollar and the Pound continued to show the largest gains among major currencies, while the Yen continued its decline against the US Dollar. The currency movements seemed to reflect a risk-on environment, as Read More →

Dollar, Yen Vulnerable if G20 Softens Tone on Debt Reduction

The US Dollar and Japanese Yen are likely to fall further if G20 officials soften their tone on the need for fiscal austerity, boosting risk appetite. Talking Points US Dollar, Yen to Fall if G20 Softens Tone on Near-Term Debt Reduction Japan’s Fin Read More →

Dollar Turns Eerily Quiet as S&P 500 Makes Tentative Break Lower

Dollar Turns Eerily Quiet as S&P 500 Makes Tentative Break Lower Euro Fundamental Assessment Continues to Deteriorate Japanese Yen an Opportunity for Speculators but a Lasting Driver? British Pound Advances Again Despite BoE Weales, Carney’s Comments Australian Dollar and New Zealand 10 Percent Overvalued? Canadian Read More →