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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 →

AUD at Risk on RBA Minutes- Verbal Intervention on Tap?

Trading the News: Reserve Bank of Australia Minutes The Reserve Bank of Australia (RBA) Minutes may drag on the AUDUSD should the central bank show a greater willingness to further embark on its easing cycle. What’s Expected: Time of release: 08/20/2013 1:30 GMT, Read More →

USD Correction Coming to an End- Key Levels/Themes to Watch

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10685.92 10690.61 10658.94 0.11 50.77% USDOLLAR 30-Minute Chart - Created Using FXCM Marketscope 2.0 Release GMT Expected Actual No Scheduled Releases The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 0.11 percent higher from the open, largely driven by the weakness in the Read More →

We Like Trading the US Dollar Break Higher but When?

Article Summary: The US Dollar continues to hold key support levels versus the Japanese Yen and other majors, but does that mean it breaks higher? Here are the factors we’re watching. DailyFX PLUS System Trading Signals – The Dow Jones FXCM Read More →