FX News

Forex: USD Outlook Remains Bullish On Debt Crisis, China Slowdown

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9953.00 9982.61 9953.03 -0.11 72.80% Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.11 percent lower from the open , the shift in trader sentiment should push the greenback higher over the next 24-hours of Read More →

Guest Commentary: Gold & Silver Daily Outlook 11.08.2012

The prices of gold and silver changed direction and declined on Wednesday along with other assets including crude oil, natural gas and stock markets. The hype over the elections of the incumbent President Obama for a second term didn't last Read More →

Forex Analysis: ECB Fails To Prop Up Euro- Further Easing Ahead

Talking Points Euro: ECB Keeps Interest Rate At 0.75%, Curbs Growth Outlook British Pound: Continues To Build Short-Term Base As BoE Maintains Policy U.S. Dollar: Struggles To Hold Ground Amid Rebound In Risk Sentiment Euro: ECB Keeps Interest Rate At 0.75%, Curbs Growth Outlook The Read More →

Forex News: Sterling Rallies as BoE Holds The Asset Purchase Target

THE TAKEAWAY: BOE keeps a 375B asset purchase target and 0.50% interest rate -> Spending on QE is expected to end this month -> Sterling rallies The Bank of England decided not to increase the asset purchase target in November, despite Read More →

Forex Analysis: Euro at Risk on ECB Rates Outlook, Pound May Rise

The Euro may fall as the ECB hints at rate cuts ahead amid deepening recession while the British Pound finds support as the BOE opts not to expand QE. Talking Points Pound Follow-Through May be Limited as BOE Withholds QE Expansion Euro Vulnerable Read More →

Commodities: All Eyes on ECB Amid Hopes for Stimulus Measures

Commodities may rise if the ECB hints it is preparing to introduce stimulus measures to battle deepening Eurozone recession, buoying risk appetite. Talking Points Crude Oil, Gold to Rise if ECB Hints at Stimulus Measures Ahead Trade Balance, Jobless Claims Headline Quiet US Read More →