Monthly archive May, 2013

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10537.53 10543.7 10501.95 0.25 82.09% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.25 percent higher from the open after moving 82 percent of its average true range, and the Read More →

Talking Points Euro: German Factory Orders Top Forecast, More ECB Support Ahead British Pound: Continues to Consolidate Ahead of BoE Rate Decision U.S. Dollar: Extends Advance- Consumer Credit on Tap Euro: German Factory Orders Top Forecast, More ECB Support Ahead The Euro advanced to a Read More →

THE TAKEAWAY: German factory orders rise 2.2% in March, better than expected -> Factory orders diverge from earlier PMI report -> Euro rallies above 1.3100 German manufacturing orders increased by 2.2% in March (seasonally adjusted), thereby vastly outperforming expectations for the Read More →

Currency markets may enter into consolidation mode, taking an opportunity to digest recent volatility amid a lull in top-tier scheduled event risk. Talking Points Australian Dollar Sinks as RBA Cuts Key Interest Rate to Record Low Soft German Factory Orders Report May Damage Read More →

Let’s start with the bad news: the calendar this week doesn’t have the headline attraction that last week brought forth, in the form of a Federal Reserve Rate Decision on Wednesday, a European Central Bank Rate Decision on Thursday, and Read More →