Monthly archive October, 2013

- European Central Bank (ECB) to Stay on Hold; Utilize Forward Guidance - President Mario Draghi Has Hinted at Another Long-Term Refinancing Operation (LTRO) Trading the News: European Central Bank Interest Rate Decision The European Central Bank (ECB) is expected to keep the Read More →

Talking Points: Dollar: Is a Government Shutdown Bullish or Bearish? Euro Faces Heavy Event Risk in ECB Decision, Italy Reckoning Japanese Yen: Does a Tax Hike Equate to Risk Aversion or More BoJ Stimulus? Dollar: Is a Government Shutdown Bullish or Bearish? There is a Read More →

- US Dollar falls as Federal Government shuts down - Shutdown is bearish for the US currency, but real deadline is October 17 - We’re looking at the USDJPY as the best way to trade the shutdown The knee-jerk reaction in the Dollar Read More →

Talking Points: - USDOLLAR Holds September Low(10,471) Despite Government Shutdown - AUDUSD Breaks Out as Reserve Bank of Australia (RBA) Keeps Cash Rate Steady Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10505.51 10541.29 10474.31 -0.23 126.16% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Preserves September Low (10,471) Read More →

Talking Points: US Dollar Index declines on US government shutdown Aussie strength on RBA rate hold pushes USD lower A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Dollar 15-Minute 08:00 09/30 to 08:00 Read More →