Monthly archive July, 2013

EUROPEAN FX HEADLINES: WEEK OF JULY 21 - British Pound Looks Higher Ahead of 2Q GDP as BoE Votes Unanimously - Euro Stability in the Face of Financial Trouble a Sign of Strength? - Japanese Elections Pave Way for Choppy Trade this Week Read More →

The British Pound and the Euro may rebound after yesterday’s losses as supportive UK GDP and German IFO data offer a boost to ECB and BOE policy expectations. Talking Points Pound, Euro May Rise as Economic Data Boosts Monetary Policy Outlook Dollar to Read More →

Dollar Recovers but Doubt Reigns Over EUR/USD, GBP/USD Reversals British Pound Read for this Week’s Top Event Risk: UK 2Q GDP Australian Dollar Sent on a Wild Ride After 2Q CPI, China Data Releases Euro Advances as Eurozone Economy Reading Turns Positive New Zealand Read More →

Trading the News: Reserve Bank of New Zealand Interest Rate Decision What’s Expected: Time of release: 07/24/2013 21:00 GMT, 17:00 EDT Primary Pair Impact: NZDUSD Expected: 2.50% Previous: 2.50% DailyFX Forecast: 2.50% Why Is This Event Important: Although the Reserve Bank of New Zealand (RBNZ) is widely anticipated Read More →

THE TAKEAWAY: US New Home Sales vastly surpass market expectations > Dollar Index rebounds after three days of weakness The USD finally regains some legs after three consecutive days of weakness.The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) gains +39 (+0.36%) Read More →