Monthly archive February, 2013

THE TAKEAWAY: Euro-zone retail sales declines 0.8% in December -> BoJ governor announces he will step down on March 19 -> Euro continues to trade higher Euro-zone retail sales declined by 0.8% in December, disappointing expectations for a 0.5% decline and Read More →

The Japanese Yen looks to risk aversion following soft US ISM data and returning European stability fears to fuel a rebound but S&P 500 futures argue otherwise. Talking Points Euro Unlikely to Find Lasting Strength in PMIs on Swelling Political Risk Yen Pins Read More →

Dollar Sanguine after Second Biggest EUR/USD Drop in 6 Months Euro Marks Biggest Plunge in 13 Months, Crisis Fears Returning? Australian Dollar: Interest Rates, Risk Trends, Capital Flows Japanese Yen Posts First Advance in Four Day...A Top? British Pound Draws European Safe Haven Flow Swiss Read More →

Trading the News: Reserve Bank of Australia Interest Rate Decision What’s Expected: Time of release: 02/05/2012 3:30 GMT, 22:30 EST Primary Pair Impact: AUDUSD Expected: 3.00% Previous: 3.00% DailyFX Forecast: 3.00% Why Is This Event Important: A Bloomberg News survey shows 24 of the 28 economists polled see Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10204.86 10212.89 10187.09 0.06 62.92% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading marginally higher from the open and we will maintain our bullish bias for the reserve currency as the index continues to carve Read More →