Stimulus has become such an engrained aspect to the market’s performance over the past four years, that any potential changes to the central bank-sourced support can have more sway over market performance than traditional fundamentals. Since the Federal Reserve announced Read More →

THE TAKEAWAY: GBP Gross Domestic Product (YoY) (1Q F) +0.3% versus +0.6% expected, from +0.6% > EUR German Unemployment Rate (JUN) 6.8% versus 6.9% expected, from 6.8% (revised down from 6.9%) > GBPUSD falls down to $1.5200 There were several economic Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10792.5 10801.36 10742.21 0.25 69.25% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.25 percent higher from the open as Personal Income increased 0.5 percent in May while Pending Home Read More →

The Euro is likely to look past June’s German Unemployment report to focus on the outcome of an EU leaders’ summit starting today in Brussels. Talking Points Euro to Look Past German Jobs Data, Focus on EU Leaders’ Summit UK GDP Revision Unlikely Read More →

Trading the News: German Unemployment Change What’s Expected: Time of release:06/27/2013 7:55 GMT, 3:55 EDT Primary Pair Impact: EURUSD Expected: 8K Previous: 21K DailyFX Forecast: 2K to -2K Why Is This Event Important: Unemployment in Europe’s largest economy is expected to increase another 8K in June, and the Read More →