Monthly archive May, 2013

Talking Points Euro: PMI Contracts at Slower Pace, More ECB Easing Ahead British Pound: U.K. 1Q GDP Expands 0.3%, BoE to Target Inflation U.S. Dollar: Jobless Claims Tops Forecast- House Prices, New Home Sales on Tap Euro: PMI Contracts at Slower Pace, More ECB Read More →

The story of the European and Asian session remains the massive gains in the Yen, as USD/JPY fell 250 points and below 101.00 for the first time in nearly two weeks. The Yen strength accompanies significant losses in European and Read More →

The Japanese Yen looks likely to extend as supportive US economic data underpins bets on near-term reduction in Fed stimulus, driving risk aversion. Talking Points Yen Soars as Asian Stocks Plummet on QE3 Reduction Bets, China PMI Miss Eurozone PMIs Boost Euro But Read More →

Dollar Rallies after Fed Talks QE3 Exit, Will EUR/USD Break 1.2800? Japanese Yen Traders See the Limits, Ill Side Effects of BoJ Stimulus British Pound: A Round of Data and Nothing Went the Sterling’s Way Euro Optimism to be Tested by Recession Warning Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10825.39 10842.35 10760.89 0.43 122.82% Chart - Created Using FXCM Marketscope 2.0 Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 0.24 percent higher from the open, we saw a dip in the reserve currency as Read More →