FX News

Forex Analysis: Dollar May Extend Gains on Lack of "Fiscal Cliff" Progress

The US Dollar may extend gains on the back of risk aversion amid signs of continued deadlock as US officials struggle to avert the looming “fiscal cliff” ahead. Talking Points US Dollar May Extend Gains on Lack of Progress in “Fiscal Cliff” Read More →

Guest Commentary: 3 Factors for Determining Trade Sizes

How do you determine the size of your trade? Do you have one fixed size for every trade you make on your favorite pair? This could be useful to keep things simple, but perhaps there are different considerations to take Read More →

Forex: Scalping AUD/USD Rebound- Outlook Remains Bearish Below 1.04

We have updated our scalp targets on our AUDUSD scalp setup taking into account recent price action in the decline off the monthly highs at 1.0480. Although our broader bias remains bearish, near-term technicals suggest we say see correction of Read More →

Forex: USD Index Breakout Eyes 10,100- Further AUD Weakness Ahead

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10000.84 10010.23 9962.64 0.32 121.64% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.23 percent higher from the open after moving 138 percent of its average true range, and the greenback looks poised to appreciate further Read More →

Guest Commentary: Gold and Silver Outlook for 11.15.2012

The prices of gold and silver changed direction and increased yesterday. The recent publication of the minutes of the FOMC meeting from back in October didn't offer much insight regarding the next move of the FOMC. A couple of U.S Read More →

Forex Analysis: Euro Edges Higher On Greek Hopes- Fed Hawks In Focus

Talking Points Euro: EZ Slips Back Into Recession, Greek Aid Deal On Horizon British Pound: Retail Sales Disappoints, Moody’s To Review U.K. Rating U.S. Dollar: Rallies To Three-Month High, Fed Hawks On Tap Euro: EZ Slips Back Into Recession, Greek Aid Deal On Horizon The Read More →