FX News

Forex Analysis: GBPUSD- Trading the U.K. Consumer Price Report

Trading the News: U.K. Consumer Price Index What’s Expected: Time of release: 11/13/2012 9:30 GMT, 4:30 EDT Primary Pair Impact: GBPUSD Expected: 2.4% Previous: 2.2% DailyFX Forecast: 2.4% to 2.6% Why Is This Event Important: The headline reading for U.K. inflation is expected to increase an annualized 2.4% Read More →

Forex: USDOLLAR Continues To Eye 10,000, Further JPY Strength On Tap

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9972.31 9978.43 9961.68 -0.09 42.57% Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.09 percent lower from the open, the series of higher lows should pave the way for higher highs, and we are still Read More →

Forex Analysis: Trading Strategies Continue Buying US Dollar

Article Summary: Our forex sentiment-based trading strategies have turned heavily long the US Dollar against major forex counterparts. Said systems have done well in recently-slow market conditions. And though past performance is not indicative of future results, we favor trading Read More →

Guest Commentary: Gold and Silver Outlook for November 12-16

The prices of precious metals changed direction last week and rose. Will this rally continue this week? The U.S Presidential elections are over. The results of the elections may have contributed to the recovery of bullion rates. Back in November Read More →

Forex: Euro Hopes To Fizzle, Sterling To Rally On Faster Inflation

Talking Points Euro: Greece Approves 2013 Budget, EU Meeting In Focus British Pound: Extends Decline Ahead Of U.K. CPI U.S. Dollar: Risk Trends To Dictate Prices Amid Holiday Trade Euro: Greece Approves 2013 Budget, EU Meeting In Focus The Euro bounced back from an overnight Read More →

Forex News: Markets Focus on Greece Ahead of Meeting of Finance Ministers

Focus in today’s trading has fallen squarely on Greece. The Greek parliament approved a 2013 austerity budget overnight that is intended on convincing the EU to release the next round of bailout funds. European finance ministers will meet later today Read More →