Trading the News: Reserve Bank of New Zealand Interest Rate Decision What’s Expected: Time of release: 06/12/2013 21:00 GMT, 17:00 EDT Primary Pair Impact: NZDUSD Expected: 2.50% Previous: 2.50% DailyFX Forecast: 2.50% Why Is This Event Important: Although the Reserve Bank of New Zealand (RBNZ) is widely expected Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10557.37 10607.73 10543.96 -0.24 75.58% Chart - Created Using FXCM Marketscope 2.0 Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 0.24 percent lower from the open, the correction in the reserve currency appears to be Read More →

EUROPEAN SESSION UPDATE: The Euro showed little reaction to the better than expected industrial production; BoJ expects a return to moderate recovery… It’s been another European session with low effect economic releases and small moves in the Pound and Euro. Instead, Read More →

Dollar at Risk of Lasting Bear Trend if S&P 500 Doesn’t Capitulate Japanese Yen Wins Biggest Rally in 3 Years, USDJPY Eyes 95 Euro: Will the OMT Hold Up to Market Pressure? New Zealand Dollar: Setting Expectations for the RBNZ Rate Decision British Pound Read More →

The Japanese Yen corrected lower as risk sentiment trends digested after yesterday’s blood-letting. S&P 500 index futures point to more of the same ahead. Talking Points Yen Sold, Aussie Recovers as Markets Digest Yesterday’s Volatility S&P 500 Futures Hint Corrective Mood Likely to Read More →