Monthly archive November, 2012

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9984.95 9993.32 9956.33 0.12 95.14% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 0.16 percent higher from the open after moving 95 percent of its average true range, and the upward trend in the 30-minute Read More →

Talking Points Euro: EU Unveils New Greek Resolution, OECD Calls For ECB Rate Cut British Pound: BoE Changes Tune On Sticky Inflation- 1.6300 In Sight U.S. Dollar: Durable Goods Orders Top Forecast, Fed’s Evans On Tap Euro: EU Unveils New Greek Resolution, OECD Calls Read More →

Crude oil and gold prices may decline as S&P 500 positioning warns of risk aversion ahead that sinks growth-linked assets and boosts the US Dollar. Talking Points Commodities Adrift as Risk Trends Weigh Euro FinMin Summit, US Data Crude Oil, Copper Vulnerable as Read More →

Talking Points Japanese Yen Sold as Asian Markets Rise on Euro FinMIn Summit, China Data Euro, Risk Appetite Vulnerable as Markets’ Confidence in Greece Deal Unravels Soft Set of US Economic Data May Amplify Downward Pressure on Sentiment The Japanese Yen underperformed in overnight Read More →

Dollar Breaks Critical Support but Doesn’t Collapse…Yet Euro Refuses to Rally above 1.3000 After EU Takes Greek Rescue Steps Japanese Yen Wavers Despite Risk Trends, Stimulus Expectations British Pound: A Hawk Comes to the Bank of England Canadian Dollar: Will Carney’s Absence Weigh the Read More →

Trading the News: U.S. Consumer Confidence What’s Expected: Time of release: 11/27/2012 15:00 GMT, 10:00 EST Primary Pair Impact: EURUSD Expected: 73.0 Previous: 72.2 DailyFX Forecast: 74.5 to 71.0 Why Is This Event Important: The Conference Board’s Consumer Confidence survey is expected to increase to the highest since Read More →