Monthly archive July, 2013

Dollar, Equity Traders Prepare for Explosive NFPs Reaction Euro Drops, European Shares Rally after ECB Copies Fed British Pound Plunges after BoE Says Guidance Coming Canadian Dollar Risks Volatility on Local Employment Report New Zealand Dollar Alluring with it Soaring Sovereign Yields Swiss Franc to Read More →

THE TAKEAWAY: ECB and BOE maintain benchmark rates > EURUSD dips below $1.2900 Market liquidity is thin today while Americans are celebrating Independence Day. However there is no shortage of market moving events. Within a 45-minute period, both the Bank of Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10900.32 10914.08 10849.88 0.35 83.29% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) added another 0.35 percent as the Bank of England (BoE) and European Central Bank (ECB) laid out forward-guidance Read More →

THE TAKEAWAY: EUR European Central Bank Rate Decision > Key Rate on Hold at 0.50%, Deposit Facility Rate on Hold at 0.00% > No Implementation of Negative Rates, but Introduction of “Forward Guidance” > EURUSD BEARISH What was expected to be Read More →