Monthly archive July, 2013

Dollar Strategies for US GDP, Fed Rate Decision Impact Euro Unresponsive for In-Line Spain GDP, ECB Within Sight Australian Dollar Extends Tumble after RBA’s Stevens Ruminates on Further Cuts Japanese Yen Crosses Find Little Lift from Jobs Surge, Earnings on Tap Swiss Franc Advances Read More →

Chart Created Using FXCM Marketscope 2.0 Technical Outlook GBPUSD Correction halts at primary objective resistance range 1.5395-1.5435 Broader outlook remains bearish sub-1.5550/77 (50% Read More →

THE TAKEAWAY: AUD Building Approvals decline far worse than expected at -13.0% y/y > German July CPI comes in slightly above expectations at +1.9% y/y > US Consumer Confidence misses expectations, coming in at 80.3 Today is the beginning of an Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10790.32 10802.22 10737.33 0.50 87.39% Chart - Created Using FXCM Marketscope 2.0 Release Expected Actual S&P/Case-Shiller Composite-20 s.a. (MoM) (MAY) 1.40% 1.05% S&P/Case-Shiller Composite-20 (YoY) (MAY) 12.40% 12.17% S&P/Case-Shiller Home Price Index (MAY) -- 156.14 Consumer Confidence (JUL) 81.3 80.3 Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) appears to have broken Read More →

Crude oil and gold prices may find a lifeline if US Consumer Confidence data falls short of expectations, undercutting the case for “tapering” Fed QE efforts. Talking Points Commodities to Rise if Soft US Data Dents Case for Tapering Fed QE Crude Oil Read More →