Monthly archive April, 2013

Fundamental Forecast for Australian Dollar: Bearish AUD/USD Finds Resistance Below the 1.03 Figure Aussie Dips as First-Quarter CPI Print Disappoints Soft Chinese PMI Data Sends Aussie Dollar Lower The Australian Dollar struggled to mount a meaningful recovery last week having declined to the bottom Read More →

Euro Dangerously Exposed to ECB Rate Decision, Cyprus and Greece Fundamental Forecast for Euro: Bearish Spain downgrades growth forecast, raises debt expectations Bond fund PIMCO Read More →

Tired of Choppy Dollar Moves? The Coming Week Could be Huge The US Dollar (ticker: USDOLLAR) rallied to start the week as the Euro initially fell to multi-week lows, but a sharp reversal left the safe-haven currency lower as the US Read More →

Japanese Yen Room to Rally as BoJ Withholds Stimulus Details Japanese Yen Fundamental Forecast: Bullish Japanese Yen Rebounds After BoJ – Will US 1Q’13 GDP Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10494.53 10535.97 10482.82 -0.33 98.40% Chart - Created Using FXCM Marketscope 2.0 Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.32 percent lower from the open, we may see the greenback consolidate over the remainder of Read More →