Dollar Advances Alongside Equities as Market Debates September Taper Euro Faces Short-Term Volatility on Data, Lasting Turbulence on Financial Issues Japanese Yen: Looking for Stimulus Success in Data, Volatility British Pound Drops after BoE Warns of Vulnerability, Osborn Presents Cuts New Zealand Dollar Traders: Read More →

EURUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURUSD Primary and Secondary objectives have now been achieved (1.31-1.3112 & 1.30- 1.3030) Short exposure closed here ahead of EU event risk tomorrow RSI now testing the 40-threshold- Trigger Break to offer conviction with Read More →

THE TAKEAWAY: USD Gross Domestic Product (Annualized) (1Q T) +1.8% versus 2.4% expected, from 2.4% > EURUSD moves down to $1.3000 There were two significant news events today. The first was the Bank of England Financial Stability Report, which stated that Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10736.16 10765.76 10719.37 -0.05 52.53% Chart - Created Using FXCM Marketscope 2.0 Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 0.08 percent lower from the open, the greenback may carve out a higher high in Read More →

Gold prices plunged to their lowest level in close to three years as supportive US economic data drive Fed QE reduction bets. Revised GDP figures are ahead. Talking Points Gold, Silver Plunge as Anti-Fiat Demand Evaporates on Fed QE Taper Bets Oil and Read More →