FX News

Dollar Rebounds after Greece Decision Delayed, EUR/USD Ranges

Dollar Rebounds after Greece Decision Delayed, EUR/USD Ranges Euro Rally Halted in its Tracks after Officials Fail to Advance Crisis Fight Australian Dollar: Reserve Currency Status vs Risk Sensitivities Japanese Yen Can Drop Slow or Drop Fast Depending on Vote British Pound: Traders Await Read More →

Forex: Liquidity Drain May Mute Response to BOE Minutes, US Data

Currency markets may yield a limited response to minutes from November’s BOE minutes and the US data set as liquidity drains before the Thanksgiving holiday. Talking Points Japanese Yen, US Dollar Diverge on Mixed Sentiment Cues in Asian Trade BOE Meeting Minutes Unlikely Read More →

Forex: GBP/USD- Trading the Bank of England Minutes

Trading the News: Bank of England Minutes What’s Expected: Time of release: 11/21/2012 9:30 GMT, 4:30 EST Primary Pair Impact: GBPUSD Expected: -- Previous: -- DailyFX Forecast: -- Why Is This Event Important: Although the Bank of England (BoE) held a cautious outlook for growth, heightening price pressures Read More →

Forex: USD Outlook Propped Up By Less-Dovish Bernanke, 10,100 On Tap

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10031.39 10038.3 10005.05 0.18 83.51% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.18 percent higher from the open as Fed Chairman Ben Bernanke highlighted an improved outlook for the world’s largest economy, and the greenback Read More →

Forex: Euro Optimism Hit By Deepening Recession, Pound Looks Higher

Talking Points Euro: France Loses AAA Rating, ECB Warns Of Stagnation- EU Meeting In Focus British Pound: Extends Advance Ahead Of BoE Minutes, RSI Threatens Trend U.S. Dollar: Rebounds Ahead Of Holiday Trade, Bernanke Speech On Tap Euro: France Loses AAA Rating, ECB Warns Read More →

Guest Commentary: Gold and Silver Outlook for 11.20.2012

The prices of gold and silver changed direction again and sharply increased yesterday. Precious metals' rally coincided with the rise in other related markets such as oil, stocks, and Euro. The renewed optimizing regarding the progress of Congress in dealing Read More →