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Forex: Euro and Pound May Rise on Revised 2Q German, UK GDP Data

The Euro and the British Pound may rise if revised second-quarter German and UK GDP figures help reduce the probability of further easing from the ECB and the BOE. Talking Points Euro and Pound May Rise on Revised 2Q German, UK GDP Read More →

Forex: Dollar Extends Rebound but Loses Momentum Before Key Breakouts

Dollar Extends Rebound but Loses Momentum Before Key Breakouts Japanese Yen Crosses Surge Higher with USDJPY, EURJPY Boundaries at Hand Euro Attempts Fundamental Rally on Strong Data, Success Uneven Canadian Dollar Drops after Poor Retail Sales Data, Inflation Numbers Ahead British Pound: Will the Read More →

USD Poised to Threaten July Trend- AUD Eyes Fresh 2013 Lows

TheDow Jones-FXCM U.S. Dollar Index extended the rebound from earlier this week on the back of the FOMC Minutes, while the Australian dollar bucks the trend. Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10736.6 10766.55 10722.54 0.15 73.79% USDOLLAR 30-Minute Chart - Created Using FXCM Marketscope Read More →

Taper Talks and Change in ECB Expectations Send Bond Prices Lower

EUROPEAN SESSION UPDATE: Although European stocks are trading higher after the PMI beats, bond prices are lower along with the Euro against the US Dollar… Want to trade with proprietary strategies developed by FXCM? Find out how here. The biggest headline of Read More →

Commodities: Crude Oil May Rise as Markets Steady After FOMC Minutes

Crude oil may rise along with a broad recovery in risk appetite as financial markets continue to digest yesterday’s FOMC minutes release. Talking Points Crude Oil, Copper May Correct Higher as Risk Trends Steady After FOMC Minutes Gold Technical Positioning Hints Prices May Read More →

Euro-zone PMIs Blast Expectations and Rise to 2-Year Highs

THE TAKEAWAY: Euro-zone composite PMI rises to a 2-year high at 51.7 -> France services PMI declines in August -> Euro pares earlier losses Want to trade with proprietary strategies developed by FXCM? Find out how here. The Euro-zone composite output index Read More →