Monthly archive February, 2013

Dollar Not an Oversold Currency Waiting for Risk Collapse Fundamental Forecast for US Dollar: Neutral FOMC minutes panic market as officials discuss eventual stimulus exit Consumer inflation Read More →

Euro’s Ugly Fundamentals, Italian Election Dent Optimism Fundamental Forecast for the Euro: Neutral Dollar, Yen Lead as Euro Snaps Back to Reality; EURUSD Under $1.3200 Euro Weakens on Growth Read More →

Dismal retail sales data hurt the Canadian dollar, while not even strong German IFO data could reverse the downward spiral seen recently in the Eurozone economy and EUR/USD currency pair. With no US economic data on the calendar this morning, the Read More →

The IFO survey of business sentiment rose to a ten-month high, beating market forecasts, but the reaction in the currency markets was decidedly muted, with EURUSD rising only to 1.3225 as traders kept their eyes on the upcoming Italian election. Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10397.83 10402.39 10372.56 -0.03 59.64% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 0.03 percent lower from the open after moving 59 percent of its average true range, and the pullback from the yearly high Read More →