Monthly archive February, 2013

Trading the News: European Central Bank Interest Rate Decision What’s Expected: Time of release: 02/07/2013 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: Although the European Central Bank (ECB) is widely expected to keep the benchmark Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10266.91 10279.85 10236.79 0.26 108.66% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) advanced another 0.26 percent on Wednesday and the drop in risk sentiment may drive the greenback higher throughout the North American trade as the Read More →

Crude oil and copper are under pressure as Eurozone stability jitters spark market-wide risk aversion. The outlook for gold and silver appears clouded for now. Talking Points Crude Oil, Copper Sold as Eurozone Jitters Spark Risk Aversion Anew US Fiscal Policy Worries May Read More →

Talking Points Euro: Fitch Fires Warnings Shots on Spain, All Eyes on ECB Meeting British Pound: U.K. Business Secretary Calls For More Easing Ahead of BoE U.S. Dollar: Rally Overbought, Risk Trends in Focus Amid Light Calendar Euro: Fitch Fires Warnings Shots on Spain, Read More →

The Euro fell as political jitters threatened crisis-fighting efforts once again while the Aussie Dollar fell after soft Retail Sales data drove RBA rate cut bets. Talking Points Australian Dollar Sinks as Retail Sales Miss Boosts RBA Rate Cut Bets Euro Pressured by Read More →

Just a day before the summit of European Union leaders, the debates over what will be discussed and who will says what have already begun in the EU Parliament. EU President Van Rompuy said today that it is urgent for the Read More →