Monthly archive May, 2013

Trading the News: Reserve Bank of Australia Interest Rate Decision What’s Expected: Time of release: 05/07/20134:30 GMT, 0:30 EDT Primary Pair Impact: AUDUSD Expected: 3.00% Previous: 3.00% DailyFX Forecast: 3.00% Why Is This Event Important: A Bloomberg News survey shows 21 of the 29 economists polled see the Read More →

Article Summary: An important slowdown in FX market volatility warns that the Euro, US Dollar, and Japanese Yen may continue to move sideways. What could force the major break? View this week's archived webinar for 'video version' of this article. DailyFX PLUS Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10515.76 10523.23 10472.3 0.37 99.22% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 0.36 percent higher from the open after moving 97 percent of its average true range, and Read More →

Talking Points Euro: Retail Sales Weakens Further, ECB Can Only Buy Time British Pound: BoE to Maintain Current Policy, 38.2% Fib in Sight U.S. Dollar: Index Back Above 10,500- ECB Rhetoric on Tap Euro: Retail Sales Weakens Further, ECB Can Only Buy Time The Euro Read More →

The Forex markets remained relatively quiet during the European session, as London and Japanese Markets remained closed for local holidays and the US has no significant data set to be released during the North American session. The major release during the Read More →

The Australian Dollar fell as soft economic data drove bets on an interest rate cut this week. The Japanese Yen declined as risk appetite firmed. Talking Points Australian Dollar Falls as Retail Sales Miss, China PMI Boost RBA Rate Cut Bets Yen Down Read More →