FX News

The majority of European economic data has passed, producing slight downside in European FX (CHF, EUR, GBP). Nevertheless, the calendar may still have a few tricks up its sleeve today. Data out of Europe remains on the strong side but with Read More →

The British Pound will be all ears as Mark Carney delivers his first official policy speech since taking over as the Governor of the Bank of England. Talking Points British Pound May Weaken if Carney Speech Strikes a Dovish Tone Aussie, NZ Dollars Read More →

Dollar Unable to Climb on Biggest Drop in Equities in Two Months British Pound Positioned for Breakouts, Volatility on Carney Speech Japanese Yen Surges Higher as Carry Falls to 12-Month Low Emerging Markets Plunge Yet Again, Brazil Rate Decision Ahead Euro Steady Despite Equities Read More →

TheDow Jones-FXCM U.S. Dollar Index failed to benefit from the positive data coming out of the U.S. economy, while the Japanese Yen is gaining ground across the board. Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10723.31 10762.59 10717.37 -0.09 82.49% USDOLLAR 30-Minute Chart - Created Using Read More →

Trading the News: U.S. Consumer Confidence U.S. Consumer Confidence is expected to narrow for the second month in August and a marked downturn may produce a spark a selloff in the U.S. dollar as it raises the Fed’s scope to maintain Read More →

THE TAKEAWAY: German IFO Business Climate Survey rises to a 16-month high -> German economy may continue towards a predicted year-end recession -> Euro declines along with equities Want to trade with proprietary strategies developed by FXCM? Find out how here. The Read More →