FX News

Dollar Gains but Trend First Requires a Serious Breakout British Pound: BoE’s Carney Says QE Possible, Cable Rebounds Above 1.5500 Japanese Yen Rally Stalled as Nikkei and Carry Trade Put in a Weak Bounces Euro Looks for Volatility - Not Trend - With Read More →

Trading the News: Preliminary U.S. Gross Domestic Product The preliminary 2Q U.S. GDP report may act as a fundamental catalyst to spark a near-term rally in the U.S. dollar as we anticipate an upward revision in the growth rate. What’s Expected: Time of Read More →

Chart Created Using FXCM Marketscope 2.0 Technical Outlook Interim support 96.55/74 (61.8% Retracement / 50% Fib Extension) Interim resistance 97.65/72 (50% Retracement / Read More →

Article Summary: A sharp jump in forex volatility prices suggests the US Dollar may soon break out of its recent range—here’s how we’re looking to trade it. DailyFX PLUS System Trading Signals – A noteworthy jump in volatility has shifted our Read More →

TheDow Jones-FXCM U.S. Dollar Index is falling back from a fresh monthly high of 10,773, but we favor buying dips in the greenback as it looks poised for a breakout. Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10758.08 10773.69 10714.05 0.41 109.95% USDOLLAR 30-Minute Chart - Read More →

Gold soared to the highest level in three months while crude oil touched a two-year high amid worries about an expanding conflict in Syria. Talking Points Gold Advances to Three-Month High as Syria Drives Market Turmoil Fears Crude Oil Spikes to Highest in Read More →