Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10494.53 10535.97 10482.82 -0.33 98.40% Chart - Created Using FXCM Marketscope 2.0 Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.32 percent lower from the open, we may see the greenback consolidate over the remainder of Read More →

THE TAKEAWAY: USD Gross Domestic Product (1Q A) (Annualized) > +2.5% versus +3.0% expected, from +0.4% > USDOLLAR BEARISH The US economy saw a solid improvement in the 1Q’13 relative to the 4Q’12, but growth still managed to disappoint what proved Read More →

Talking Points Euro: Private Lending Contracts for 11 Months, ECB Rate Cut on Tap British Pound: Bullish Trend Continues to Take Shape, BoE to Maintain Policy Euro: Private Lending Contracts for 11 Months, ECB Rate Cut on Tap The Euro gave back the overnight Read More →

Crude oil and gold are under pressure as risk appetite unravels into the end of the trading week. A pickup in US GDP growth may do little to offset negativity. Talking Points Crude oil, Copper Under Pressure as Risk Appetite Unravels Anew Gold Read More →

Over today’s European session, we heard guidance from central bankers from around the world about the monetary policy intended to help the bank’s local economies. However, besides for an initial Yen reaction to a BoJ policy announcement, Forex market movement Read More →

The Japanese Yen appears poised to extend gains as first-quarter US GDP data in the first quarter fails to alleviate the markets’ concerns about a global slowdown. Talking Points Quiet European Calendar Shifts Spotlight to 1Q US GDP Report Japanese Yen to Rise Read More →