Monthly archive June, 2013

The Australian and New Zealand Dollars are likely to rise if a moderation in US economic news flow weighs against bets on a near-term cutback in Fed stimulus. Talking Points US Dollar Sold Overnight Amid Correction After Hitting 13-Month High Aussie, NZ Dollars Read More →

Dollar Rally Eases as US Stocks Take Another Spill after Fed Chatter Euro: German Confidence Rises as Slovenian and Greek Yields Surge Japanese Yen: Abe Wins Foothold in Tokyo Ahead of Next Month Elections British Pound: Both Mervyn King and Mark Carney Set Read More →

USDCAD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook USDCAD has now run into Key Resistance at a 3-way Fib Confluence at 1.0540/45 Daily RSI looks to turn over ahead of the 70-threshold- Break of former Resistance to offer trigger Price action today Read More →

THE TAKEAWAY: USD reverses some of last week’s gains > AUDUSD moves higher > USDJPY tests ¥97.20 Although today is a lighter economic data day, it is interesting to watch where assets trade now that investors have had a weekend to Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10739.76 10790.3 10728.76 -0.05 68.42% Chart - Created Using FXCM Marketscope 2.0 Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading marginally lower from the open, we’re seeing the greenback find intraday support around the 78.6 Read More →