Monthly archive February, 2013

Dollar Rally on EUR/USD and AUD/USD Requires S&P 500 Go Ahead Japanese Yen Recovery Deferred Again by Surprise BoJ Resignation Euro Retraces Lost Ground, Though Fundamentals Lack Conviction British Pound Tumbles After NIESR Downgrades Growth Outlook, Euro Recovers Australian Dollar: Interest Rate Outlook Little Read More →

Trading the News: Australia Retail Sales What’s Expected: Time of release: 02/07/2013 0:30 GMT, 19:30 EST Primary Pair Impact: AUDUSD Expected: 0.3% Previous: -0.1% DailyFX Forecast: 0.1% - 0.3% Why Is This Event Important: Retail spending in Australia is expected to increase 0.3% during the last three-months of Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10230.91 10249.11 10190.27 0.35 150.27% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.52 percent higher from the open after moving 150 percent of its average true range, and the greenback looks poised for a pullback Read More →

Crude oil may fall while gold prices advance as risk appetite falters anew after soft service-sector ISM data reboots fears about US resilience ahead of further austerity. Talking Points Commodity Prices Broadly Higher as Risky Assets Correct After Yesterday’s Selloff Crude Oil May Read More →

Talking Points Euro: France’s Hollande Pushes For ‘Medium-Term’ Exchange Rate Target British Pound: NIESR Cuts Growth Forecast, Warns of Protracted Recovery U.S. Dollar: Rallies to Fresh February High, ISM Non-Manufacturing in Focus Euro: France’s Hollande Pushes For ‘Medium-Term’ Exchange Rate Target The Euro bounced back Read More →