Monthly archive December, 2012

Dollar Advances as Risk Cools, Is this an AUDUSD Reversal? Japanese Yen: BoJ Increases Stimulus, Market Not Impressed Euro Climb Slowing, Heavy Event Risk Ahead British Pound Edges Up, Retreats after BoE Minutes New Zealand Dollar Dropping Well Before Disappointing 3Q GDP Australian Dollar Correlation Read More →

THE TAKEAWAY: US Dollar little changed after Japanese election, US fiscal cliff negotiations drive seesaw volatility. Monday saw the US Dollar gap upward against Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9934.41 9945.69 9922.33 0.01 66.90% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading marginally higher from the open after moving 66 percent of its average true range, and we may see the reserve currency threaten Read More →

Currency wars are going on for a long time. Everybody wants a weaker currency to encourage exports and to remain competitive. However, a strong currency also has some advantages. Here are a few. Some countries, like China, control their currency, some intervene Read More →

Talking Points Euro: S&P Raises Greece’s Credit Rating, ECB To Accept Greek Debt As Collateral British Pound: BoE Votes 8-1, Softens Dovish Tone On Above-Target Inflation U.S. Dollar: Build Permits Top Forecast, Index Continues To Carve Base Euro: S&P Raises Greece’s Credit Rating, ECB Read More →