EUROPEAN SESSION UPDATE: US Dollar rises and Aussie falls in an otherwise quiet European session… The European session has thus far been uneventful, as the economic calendar was unexciting and comments from officials did not impact Forex markets. However, the US Read More →

Trading the News: U. of Michigan Confidence What’s Expected: Time of release: 07/12/2013 13:55 GMT, 9:55 EDT Primary Pair Impact: EURUSD Expected: 84.7 Previous: 84.1 DailyFX Forecast: 82.0 to 86.0 Why Is This Event Important: The U. of Michigan Confidence survey is expected to increase to 84.7 from Read More →

The Dollar faces a tough balancing act into the week-end as earnings reports from two key US banks and the day’s economic data set offer conflicting Fed policy clues. Talking Points Euro Unlikely to Find Lasting Momentum in Industrial Production Data Strong US Read More →

Dollar Suffers Biggest Two-Day Drop in 20 Months after FOMC Minutes Euro: Trouble with Greece, Portugal, Others Contradicts Currency Strength Japanese Yen Crosses Unable to Rally Despite Positive Risk Bearing Australia Dollar Ignores Equity Rally, Stumbles after Jobs Report British Pound Advances after Miles Read More →