FX News

Trading the News: Canada Retail Sales A drop in Canada Retail Sales may trigger fresh monthly highs in the USDCAD as the slowing recovery dampens the risk of seeing a Bank of Canada (BoC) rate hike. What’s Expected: Time of release:08/22/2012 12:30 GMT, Read More →

The Euro may rise as Augusts’ flash PMI roundup bolsters ECB policy expectations. The US Dollar looks to the Jackson Hole Summit to drive Fed “taper” speculation. Talking Points Euro Expected to Rise if Flash PMI Roundup Weights Against ECB Easing Bets US Read More →

Dollar Climbs after FOMC Minutes Confirm September Taper Euro May Not Hold 1.3300 if PMI Figures Point to Growth Troubles Japanese Yen: Will BoJ Governor Kuroda Talk Stimulus at Jackson Hole? Emerging Market Currencies Suffer Another Heavy Tumble to Record Lows British Pound Steady Read More →

The Dow Jones-FXCM U.S. Dollar Index regained its footing ahead of the FOMC Minutes, while we’re seeing the British Pound outperform against its major counterparts. Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10697.37 10711.48 10675.21 0.22 61.29% USDOLLAR 30-Minute Chart - Created Using FXCM Marketscope 2.0 USDOLLAR Read More →

Trading the News: Federal Open Market Committee Minutes The Federal Open Market Committees (FOMC) Minutes is likely to heavily influence the U.S. dollar over the next 24-hours of trading amid the growing discussion at the central bank to scale back on Read More →

EUROPEAN SESSION UPDATE: The head of the German central bank again criticizes ECB procedure; future of the target interest rate is still unclear… Want to trade with proprietary strategies developed by FXCM? Find out how here. Something seems to be eating at Read More →