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Is the USD Reversal on Tap? Weekly Scalp Setups Ahead of FOMC

Forex_Is_the_USD_Reversal_on_Tap_Weekly_Scalp_Setups_Ahead_of_FOMC_body_Picture_4.png, Is the USD Reversal on Tap? Weekly Scalp Setups Ahead of FOMC
Chart Created Using FXCM Marketscope 2.0 Technical Outlook Interim resistance 1.3450 (today’s high, 2/13 Close, Mid-month pivot) Topside breach targets 1.35 and Read More →

USD Continues to Carve Higher Low- How to Trade FOMC Minutes

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10666.35 10706.02 10652.7 -0.21 89.23% USDOLLAR 30-Minute Chart - Created Using FXCM Marketscope 2.0 Release GMT Expected Actual Chicago Fed National Activity Index (JUL) 12:30 -0.10 -0.15 Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.21 percent lower from the open, the near-term correction greenback Read More →

Commodity Prices Pressured as Markets Mull Fed Policy Outlook

Commodity prices came under pressure as financial markets mulled the implications of a Fed move to slim down its QE stimulus effort next month. Talking Points Commodities Under Pressure as Markets Mull Fed QE “Taper” Possibilities Metals Reverse from Chart Resistance, Oil Pullback Read More →

Why The Euro is Negatively Correlated to European Equities

EUROPEAN SESSION UPDATE: An explanation is needed to show why the correlation between the DAX equity index and EUR/USD has fallen from slightly positive to -0.81… Want to trade with proprietary strategies developed by FXCM? Find out how here. In a session Read More →

Forex: Australian, NZ Dollars Sink as Fed Taper Speculation Heats Up

The Australian and New Zealand Dollars sank as speculation about a cutback in Fed stimulus efforts drove liquidation across QE-linked risky assets. Talking Points Australian, New Zealand Dollars Drop as Fed Taper Speculation Heats Up S&P 500 Futures Hint at More Risk Aversion Read More →

Forex: Dollar Struggles to Green as US Stocks Edge Closer to Collapse

Dollar Struggles to Green as US Stocks Edge Closer to Collapse Euro Strength Limited to Bundesbank’s Mention of ECB Hikes Japanese Yen: Trade Deficit Balloons Despite Stimulus, A Jackson Hole Topic? British Pound Unable to Leverage GBPUSD Breakout Australian Dollar Worst Performer Monday ahead Read More →