Trading the News: U.K. Jobless Claims Change What’s Expected: Time of release: 06/12/2013 8:30 GMT, 4:30 EDT Primary Pair Impact: GBPUSD Expected: -5.0K Previous: -7.3K DailyFX Forecast: -10.0K to -5.0K Why Is This Event Important: U.K. Jobless Claims are expected to contract another 5.0K in May and the Read More →

GBPUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPUSD in clean ascending channel- Monthly high (so far) tagged key Fib confluence at 1.5680 Topside likely limited by key resistance range 1.5765-1.5780- Broader bias bearish below this mark Daily RSI suggests momentum remains Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10625.53 10677.47 10604.47 -0.28 87.55% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.28 percent lower from the open after moving 74 percent of its average true range, and the Read More →

Talking Points Japanese Yen: BoJ Retains Current Policy, Broad Range Ahead Euro: ECB’s OMT Gains Support, More Non-Standard Measures Ahead British Pound: U.K. Manufacturing Disappoints- RSI Turns Over Japanese Read More →

The Japanese Yen is likely to continue higher while the Australian Dollar swoons as risk aversion grips financial markets after a disappointing BOJ policy announcement. Talking Points Yen Soars, Aussie and Kiwi Dollars Tumble as Risk Aversion Grips FX Markets Bank of Japan Read More →