Monthly archive May, 2013

The Japanese Yen continued to press higher amid risk aversion overnight but the sentiment-driven push may struggle to sustain momentum through the week-end. Talking Points Yen Extends Gains on Asian Stocks Drop, Kuroda Commentary German IFO Survey May Prove to be a Non-Event Read More →

Trading the News: U.S. Durable Goods Orders What’s Expected: Time of release: 05/24/2013 12:30 GMT, 8:30 EDT Primary Pair Impact: EURUSD Expected: 1.5% Previous: -5.7% DailyFX Forecast: 1.0% to 2.5% Why Is This Event Important: Orders for U.S. Durable Goods are expected to increase 1.5% in April and Read More →

Dollar Fails to Break EUR/USD’s 1.2750 Support as Risk, QE3 Fears Steady Japanese Yen Surge Tracking – Not Leading – Nikkei 225 Tumble Euro Finds a Mixed Bag as PMI Figures Pick Up, Spanish Bond Demand Slows Australian Dollar Refuses to Jump Start Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10786.37 10876.79 10784.3 -0.52 131.52% Chart - Created Using FXCM Marketscope 2.0 Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.52 percent lower from the open, we’re seeing the 30-minute relative strength index come off of Read More →