Monthly archive November, 2012

Dollar Advances but Not with the Conviction of Risk Aversion Euro Drops Back Below 1.2800 on Growth Downgrades New Zealand Dollar Plunges after Unemployment Rate Soars British Pound Traders Prepared for BoE Meet, EU Budget Debate Australian Dollar Rally on Jobs Data Will Fail Read More →

Trading the News: European Central Bank Interest Rate Decision What’s Expected: Time of release: 11/08/2012 12:45 GMT, 7:45 EDT Primary Pair Impact: EURUSD Expected: 0.75% Previous: 0.75% DailyFX Forecast: 0.75% Why Is This Event Important: Forex traders may show a fairly muted reaction to the European Central Bank Read More →

The US Dollar (ticker: USDOLLAR) has rallied as the Dow Jones Industrial Average has fallen sharply following the re-election of the US President. Can this Dollar rally and Dow sell-off last? Prosthat favor a US Dollar rally and Dow Jones sell-off: Investors Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9961.58 9976.78 9923.46 0.01 132.01% Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains relatively flat from the open, the shift in risk-taking behavior should prop up the reserve currency over the remainder of the week Read More →

Talking Points Euro: EU Cuts Growth Forecast, ECB Sees ‘Very Low’ Inflation Risk British Pound: To Consolidate Ahead Of BoE, 1.6200 In Sight U.S. Dollar: Benefits From Risk Aversion, Consumer Credit On Tap Euro: EU Cuts Growth Forecast, ECB Sees ‘Very Low’ Inflation Risk The Read More →

The US Dollar fell on waning haven demand as risk appetite firmed following a clear-cut outcome to the US election but markets’ chipper mood may be short-lived. Talking Points US Dollar Falls on Swelling Risk Appetite After US Election Outcome S&P 500 Futures Read More →