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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 →

Forex Analysis: Dollar Selling on US Election Result May Be Fleeting

The US Dollar fell on waning haven demand as risk appetite firmed following a clear-cut outcome to the US election but markets’ chipper mood may be short-lived. Talking Points US Dollar Falls on Swelling Risk Appetite After US Election Outcome S&P 500 Futures Read More →

Commodities: US Election Offers Support But "Fiscal Cliff" Fears Loom

Commodities found support in a clear resolution to the US Presidential election but the chipper mood may prove fleeting as the spotlight turns to “fiscal cliff” fears. Talking Points Metals Rise, Crude Oil Trims Losses on US Presidential Election Outcome S&P 500 Index Read More →