Monthly archive January, 2013

Dollar Ready for Fed, GDP with EUR/USD at 1.3500 Euro Eases Ahead of Spain 4Q GDP Despite EFSF Auction New Zealand Dollar: Poor Inflation Data to be Weighed by RBNZ British Pound Advance Comes on BoE Reports of Fading Currency Use Japanese Yen Crosses Read More →

OPEN HIGH LOW LAST PRICE CHANGE (%) USDOLLAR Index 10174.94 10185.45 10147.65 10152.07 -0.3240 EURUSD Curncy 1.3456 1.3497 1.3414 1.3492 0.2675 GBPUSD Curncy 1.5695 1.5773 1.5686 1.5759 0.4078 USDJPY Curncy 90.86 91.02 90.33 90.66 -0.2201 AUDUSD Curncy 1.0418 1.0471 1.0406 1.0464 0.4415 Prices were taken at 19:35 GMT. In the past session, the US Consumer Confidence hit the lowest level since November 2011 as Americans curbed spending due to higher payroll tax. The Dow Jones FXCM Read More →

Trading the News: Federal Open Market Committee Meeting What’s Expected: Time of release: 01/30/2013 19:15 GMT, 14:15 EST Primary Pair Impact: EURUSD Expected: 0.25% Previous: 0.25% DailyFX Forecast: 0.25% Why Is This Event Important: Although the Federal Open Market Committee (FOMC) is widely expected to maintain its highly Read More →

Commodity prices are pushing higher on the back of broad US Dollar weakness as the Fed begins its two-day policy meeting, with dovish commentary expected. Talking Points Metal Prices Rise as Soft US Data Boosts Dovish FOMC Bets, Sinks Dollar Crude Oil Trades Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10156.09 10185.45 10149.78 -0.28 81.83% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.24 percent lower on the day after moving 81 percent of its average true range, and we may see the greenback continue to Read More →