Monthly archive March, 2013

Crude oil and gold are likely to rise on risk appetite and rising inflation expectations if the ISM gauge of US service-sector activity surprises to the upside. Talking Points Crude Oil, Copper to Push Higher if Service-Sector ISM Reading Outperforms Gold and Silver Read More →

The meeting of European Union finance ministers kicks off today following yesterday’s meeting of Euro-zone ministers in Brussels. The most important message from yesterday’s meeting for Euro traders was that austerity targets for growth hungry countries, like France and Italy, Read More →

The Australian Dollar is likely to extend higher as the Japanese Yen reverses lower if the ISM gauge of US service-sector activity surprises to the upside. Talking Points Australian Dollar Gains as RBA Pours Cold Water on Rate Cut Outlook Japanese Yen Follows Read More →

Dollar Suffers Mild Retreat on Volumeless Dow Advance, Fed Remarks Japanese Yen Ignores BoJ Designate Kuroda’s Vow to Ramp Stimulus Australian Dollar: RBA Holds Rates after AUDUSD False Breakdown Euro Ignores Placating Finance Minister Comments, ECB Decision Distracting British Pound Suffers Uniform Drop Monday, Read More →

OPEN HIGH LOW LAST PRICE CHANGE % USDOLLAR Index 10492.27 10519.08 10485.78 10488.93 -0.00515 EURUSD Curncy 1.3015 1.3031 1.2982 1.3003 -0.14591 GBPUSD Curncy 1.5026 1.5092 1.5 1.5088 0.332491 USDJPY Curncy 93.59 93.73 93.17 93.32 -0.28849 AUDUSD Curncy 1.0193 1.0206 1.0115 1.016 -0.42145 The Dow Jones FXCM Dollar Index dropped slightly on a noteworthy Sterling rebound, while the Australian dollar tumbled to its lowest level in eight months after China announced new measures to cool real estate Read More →