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Commodities: All Eyes on ECB Amid Hopes for Stimulus Measures

Commodities may rise if the ECB hints it is preparing to introduce stimulus measures to battle deepening Eurozone recession, buoying risk appetite. Talking Points Crude Oil, Gold to Rise if ECB Hints at Stimulus Measures Ahead Trade Balance, Jobless Claims Headline Quiet US Read More →

Forex Analysis: Dollar Advances but Not with the Conviction of Risk Aversion

Dollar Advances but Not with the Conviction of Risk Aversion Euro Drops Back Below 1.2800 on Growth Downgrades New Zealand Dollar Plunges after Unemployment Rate Soars British Pound Traders Prepared for BoE Meet, EU Budget Debate Australian Dollar Rally on Jobs Data Will Fail Read More →

Forex: Trading the European Central Bank Interest Rate Decision

Trading the News: European Central Bank Interest Rate Decision What’s Expected: Time of release: 11/08/2012 12:45 GMT, 7:45 EDT Primary Pair Impact: EURUSD Expected: 0.75% Previous: 0.75% DailyFX Forecast: 0.75% Why Is This Event Important: Forex traders may show a fairly muted reaction to the European Central Bank Read More →

Forex Analysis: Will US Dollar Continue Post-Presidential Election Rally?

The US Dollar (ticker: USDOLLAR) has rallied as the Dow Jones Industrial Average has fallen sharply following the re-election of the US President. Can this Dollar rally and Dow sell-off last? Prosthat favor a US Dollar rally and Dow Jones sell-off: Investors Read More →

Forex: USD Gains To Accelerate On Risk Sentiment, JPY Unfazed By BoJ

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9961.58 9976.78 9923.46 0.01 132.01% Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains relatively flat from the open, the shift in risk-taking behavior should prop up the reserve currency over the remainder of the week Read More →

Forex Analysis: Euro Weighed By Growth Concerns- All Eyes On ECB

Talking Points Euro: EU Cuts Growth Forecast, ECB Sees ‘Very Low’ Inflation Risk British Pound: To Consolidate Ahead Of BoE, 1.6200 In Sight U.S. Dollar: Benefits From Risk Aversion, Consumer Credit On Tap Euro: EU Cuts Growth Forecast, ECB Sees ‘Very Low’ Inflation Risk The Read More →