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Monthly archive April, 2013

USD Index Maintains Bullish Break- JPY Divergence in Focus

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10470.42 10511.42 10437.04 -0.09 143.35% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) tumbled to a low of 10,437 as Non-Farm Payrolls grew at the slowest pace since June 2012, and Read More →

USD Hit by Dismal NFP, Euro Outlook Weighed by Slower Growth

Talking Points U.S. Dollar: NFPs Disappoint, Participation Rate Lowest Since 1979 Euro: Retail Sales Contracts, Banks to Repay EUR 8.1B in LTRO British Pound: BoE’s Dale Sees More Bank Lending on FLS U.S. Dollar: NFPs Disappoint, Participation Rate Lowest Since 1979 The greenback is struggling Read More →

Crude Oil, Gold May Rise on Disappointing US Jobs Data

Crude oil and gold may rise if a disappointing US jobs report reinforces the likelihood of continued aggressive stimulus from the Federal Reserve. Talking Points Gold Continues to Sink on Slumping Investor Demand, Silver Follows Crude Oil, Copper Tumble on Disappointing US Employment Read More →

Euro-Zone Retail Sales Decline in February

THE TAKEAWAY: Euro-zone retail sales decline by 0.3% in February -> Economic growth in Q1 in question -> Euro trading steady Euro-zone retail sales declined by 0.3% in February, slightly better than the expected 0.4% decline, but the expectations beat was Read More →

Dollar May Fall if Soft US Jobs Data Bolsters Fed QE Outlook

The US Dollar is likely to fall if disappointing US employment data implies continuity of aggressive Federal Reserve stimulus efforts. Talking Points US Dollar to Fall on Fed QE Bets on Disappointing Jobs Report Japanese Yen Rebounds, Euro Corrects Lower in Overnight Trade The Read More →

EUR/USD – Trading the U.S. Non-Farm Payrolls (NFP) Report

Trading the News: U.S. Non-Farm Payrolls What’s Expected: Time of release: 04/05/2013 12:30 GMT, 8:30 EDT Primary Pair Impact: EURUSD Expected: 190K Previous: 236K DailyFX Forecast: 160K to 220K Why Is This Event Important: The world’s largest economy is expected to add another 190K job in March, and Read More →