FX News

USD Looks Lower Ahead of Fed Beige Book- AUD at Risk on RBA

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10495.36 10519.08 10489.41 0.06 55.06% Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.06 percent higher from the open, the greenback remains poised for a near-term correction as price action comes off of trendline resistance. Read More →

US Dollar Offers Breakout Trading as Volatility Surges

DailyFX PLUS System Trading Signals – Forex market conditions remain volatile, and volatility-friendly breakout trading strategies stand to do well amidst sharp currency moves. The Dow Jones FXCM Dollar Index (ticker: USDOLLAR) trades at its highest levels since September, 2010, Read More →

Crude Oil, Gold Look to Eurogroup Meeting for Direction Cues

Crude oil and gold prices are looking to a meeting of Eurozone finance ministers for direction cues as Italian political instability continues to loom large. Talking Points Crude Oil, Copper Look to Euro FinMin Summit to Guide Risk Appetite Gold and Silver May Read More →

Euro at Risk amid Fading Hopes Surrounding EU Meeting

Talking Points Euro: EU Finance Ministers Meet- ECB Meeting to Take Center Stage British Pound: FLS Lending Falls, BoE at Risk of Greater Split U.S. Dollar: Index Hits Fresh 2013 High, Less-Dovish Fed on Tap Euro: EU Finance Ministers Meet- ECB Meeting to Take Read More →

Aussie Dollar Sinks, Yen Aims to Capitalize on Risk Aversion

The Australian Dollar looks likely to remain under pressure while the Japanese Yen looks to find its way higher as risk aversion grips financial markets. Talking Points Australian Dollar Sinks as China News-Flow Dents Sentiment Yen Looks to Capitalize on Carry Unwind Amid Read More →

Euro Fails to Stay Above 1.30 Ahead of the Finance Ministers Meeting

The Euro has again declined below 1.3000 against the US Dollar in today’s session, after setting a new 2-month low at 1.2966 on Friday. The first dip below 1.30 seemed to be unrelated to any new story, but rather may have Read More →