Trading the News: Bank of England Interest Rate Decision What’s Expected: Time of release: 08/01/2013 11:00 GMT, 7:00 EDT Primary Pair Impact: GBPUSD Expected: 375B Previous: 375B DailyFX Forecast: 375B Why Is This Event Important: The Bank of England (BoE) is widely expected to keep the benchmark interest Read More →

Dollar, S&P 500 – All Clear after the Fed? Far From It British Pound: What Did Governor Carney Promise BoE Doves? Euro Traders Look for Further ‘Transparency’ from ECB Canadian Dollar Gains More Traction from US GDP than Own Growth Australian Dollar Extends Longest Read More →

THE TAKEAWAY: Eurozone July CPI Core comes in below expectations > US 2Q GDP vastly beats expectations Today highlights significant event risk in the USD. There have already been two noteworthy data prints today which have helped propel the USD higher. Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10830.37 10851.85 10781.21 0.38 96.00% Chart - Created Using FXCM Marketscope 2.0 Release Expected Actual ADP Employment Change (JUL) 180K 200K Gross Domestic Product (Annualized) (2Q A) 1.0% 1.7% Personal Consumption (2Q A) 1.6% 1.8% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) gained another 0.38 percent on the back Read More →

Trading the News: Federal Open Market Committee Meeting What’s Expected: Time of release: 07/31/2013 18:00 GMT, 14:00 EDT Primary Pair Impact: EURUSD Expected: 0.25% Previous: 0.25% DailyFX Forecast: 0.25% Why Is This Event Important: Beyond the Federal Open Market Committee’s (FOMC) interest rate announcement, further details surrounding the Read More →