Monthly archive February, 2013

THE TAKEAWAY: The US Dollar Index ended the week on a higher note as the Pound fell on the BOE’s outlook and Read More →

Trading the News: Canada Consumer Price Index What’s Expected: Time of release: 02/22/2013 13:30 GMT, 8:30 EST Primary Pair Impact: USDCAD Expected: 0.6% Previous: 0.8% DailyFX Forecast: 0.6% to 0.8% Why Is This Event Important: The headline reading for Canadian inflation is expected to expand an annualized 0.6% Read More →

Sub-par Purchasing Managers Index (PMI) readings from Germany and France have driven the EURUSD to fresh lows and triggered renewed fears about the outlook for the Eurozone economy. Weak French and German PMI data for February sent EURUSD plunging to fresh Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10389.5 10421.99 10384.58 -0.06 74.13% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is now trading 0.06 percent lower on the day after moving 74 percent of its average true range, and we may see the greenback Read More →