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Monthly archive December, 2012

Forex: EUR/USD- Trading the U.S. Non-Farm Payrolls (NFP) Report

Trading the News: U.S. Non-Farm Payrolls What’s Expected: Time of release: 12/07/2012 13:30 GMT, 8:30 EST Primary Pair Impact: EURUSD Expected: 86K Previous: 171K DailyFX Forecast: 75K to 125K Why Is This Event Important: U.S. Non-Farm Payrolls are projected to increase 86K in November, and the slowdown in Read More →

Forex: USD Rebound At Risk On Soft NFPs- GBP Traders Eye BoE Minutes

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9977.54 9978.39 9935.58 0.21 113.90% Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.21 percent higher from the open, expectations for a weaken employment figure may drag on the greenback, and we may see a Read More →

Forex: Euro Weighed By Bets For ECB Rate Cut- Further Losses Ahead

Talking Points Euro: ECB Lowers Inflation Forecast, Discusses Rate Cut British Pound: BoE Maintains Current Policy, All Eyes On Meeting Minutes U.S. Dollar: Struggles Ahead Of NFPs- Job Growth To Slow Euro: ECB Lowers Inflation Forecast, Discusses Rate Cut The Euro weakened to 1.3024 as Read More →

Forex News: Euro Fails to Hold Rally Ahead of ECB Rate Decision

In today’s European session, the Euro took a relatively small 30 points against the US Dollar, before erasing those gains ahead of the ECB rate decision. The ECB is expected to keep the interest rate at 0.75%, and any cut Read More →

Forex: Dollar Finds Relief Before Serious EUR/USD, AUD/USD Breakouts

Dollar Finds Relief Before Serious EUR/USD, AUD/USD Breakouts Euro Tempered Ahead of ECB Rate Decision Australian Dollar Finds Another, Temporary Boost from Jobs Data Japanese Yen: BoJ Deputy Governor Suggests More Stimulus Will be Discussed British Pound: Country Between Downgrade and Recession, BoE on Read More →

Forex: EUR/USD- Trading the European Central Bank (ECB) Rate Decision

Trading the News: European Central Bank Interest Rate Decision What’s Expected: Time of release: 12/06/2012 12:45 GMT, 7:45 EST Primary Pair Impact: EURUSD Expected: 0.75% Previous: 0.75% DailyFX Forecast: 0.75% Why Is This Event Important: Beyond the European Central Bank (ECB) interest rate decision, market participants are likely Read More →