Monthly archive July, 2013

Trading the News: Reserve Bank of Australia Interest Rate Decision What’s Expected: Time of release: 07/02/2013 4:30 GMT, 0:30 EDT Primary Pair Impact: AUDUSD Expected: 2.75% Previous: 2.75% DailyFX Forecast: 2.75% Why Is This Event Important: The Reserve Bank of Australia (RBA) is widely expected to keep the Read More →

THE TAKEAWAY: Chinese Manufacturing PMI (JUN): 50.1 actual versus 50.1 expected, from 50.8 prior > US ISM Manufacturing (JUN): 50.9 actual versus 50.5 expected, from 49.0 prior > USDJPY slowly approaches the critical ¥100.00 level Markets are trading broadly higher today Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10824.9 10854.54 10824.9 -0.20 34.66% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.14 percent lower from the open as Construction Spending increased 0.5 percent in May versus forecasts for Read More →

The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) gained +0.79% last week, making its two-week total +3.42%, its best two-week performance since the weeks ending May 10 and May 17 of this year. Needless to say, the world’s reserve currency Read More →

EUROPEAN FX HEADLINES: WEEK OF JUNE 30 - British Pound’s Prospects Damaged by GDP Revision; BoE on Hold this Week - Euro Attempting to Avoid Crisis Conviction, ECB on Tap - Gold: $1181 Paramount for Bulls EURO-ZONE ECONOMIC CALENDAR Final June German PMI revisions should Read More →