The Japanese Yen advanced after China’s exports fell while the BOJ its policy meeting. The US Dollar may fall on June’s FOMC minutes and Bernanke commentary. Talking Points Japanese Yen Gains on China Exports Miss, BOJ Meeting Speculation US Dollar Volatility Risk on Read More →

Dollar Regains Traction, Drives EUR/USD Below 1.2800 Euro Drops as IMF Growth Outlook, Italy Credit Rate Downgraded British Pound Slips Despite Data, Forces GBP/USD to Three-Year Lows Japanese Yen: Officials Look to Change CPI Measure, Wages to Ensure Inflation Australian Dollar Climbs Alongside ASX, Read More →

THE TAKEAWAY: Dollar Index extends gains and seeks the $11,000 level > Britain reports weaker than expected Manufacturing Production and Industrial Production numbers The IMF released its Global Economic Forecasts publication today, which cut Eurozone growth projections this year -20bps to Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10985.5 10991.18 10930.09 0.31 83.58% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 0.31 percent higher from the open after the International Monetary Fund (IMF) cut its growth forecast Read More →

THE TAKEAWAY: UK manufacturing output unexpectedly declines 0.4% -> Factory decline contrasts a rising manufacturing PMI -> Pound plummets The Pound plummeted below 1.4900 against the US Dollar following a surprise decline in manufacturing production in May. UK industrial production levels Read More →