Monthly archive March, 2013

Trading the News: European Central Bank Interest Rate Decision What’s Expected: Time of release: 03/07/2013 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: Beyond the European Central Bank (ECB) interest rate decision, the policy statement accompanying Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10467.49 10468.66 10428.05 0.17 77.15% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.13 percent higher from the open as the ADP employment report encouraged an improved outlook for the labor market, and the greenback may Read More →

Talking Points Euro: ECB Meeting Takes Center Stage, Dovish Draghi on Tap British Pound: Remains Oversold, BoE Says FLS Results ‘Disappointing’ U.S. Dollar: ADP Employment Tops Forecast, Fed’s Beige Book in Focus Euro: ECB Meeting Takes Center Stage, Dovish Draghi on Tap The EURUSD was Read More →

Crude oil and gold may rise on improving risk appetite and swelling inflation expectations if a supportive Fed Beige Book survey boosts US recovery hopes. Talking Points Crude Oil and Copper to Follow Stocks Higher on Upbeat Fed Beige Book Survey Gold, Silver Read More →

Since starting my day when Asian markets were closing until the time of this writing, the US Dollar has made an impressive 32 point reversal according to the FXCM index. However, there doesn’t seem to be any negative shift in Read More →