The Japanese Yen fell as risk appetite firmed after earnings from Alcoa Inc beat expectations but may find renewed support in a dour IMF global economic outlook. Talking Points Yen Falls as Asian Stocks Rise After Alcoa Inc Q2 Earnings Top Expectations S&P Read More →

EUROPEAN FX HEADLINES: WEEK OF JUNE 30 - British Pound Holds Key Support – Lacks Direction Ahead of BoE Minutes - Euro Hurt by Shift in ECB Policy, Bearish Fundamental Pressures Turned Up - June NFPs Support Taper Case, US Dollar – Light Read More →

Dollar Stumble Yet to Reverse Bull Trend, What Would it Take? Euro Gains Little Traction on Greece, Portugal Defuse Japanese Yen: How Many Pips is Further Evidence of Effective Stimulus Worth? British Pound Finds Limited Support on Growth Positive Data, Bigger Waves Ahead Canadian Read More →

Jobs growth in the world’s largest economy is picking up, and the resulting upward pressure on US Treasury yields (lower bond prices) has been the main catalyst for the US Dollar’s turnaround in 2013. With the June labor market report Read More →

THE TAKEAWAY: Dollar Index meets resistance at $11,000 > USD weakens against most major FX pairs The USD is weakening today after strong gains on Friday on the back of positive US labor figures. The US Change in Nonfarm Payrolls report Read More →