FX News

- U.S. Consumer Confidence to Mark First Decline in Three-Months - Conference Board’s Survey has Held Above 80.0 for Four Times in 2013 Trading the News: U.S. Consumer Confidence The Conference Board’s Consumer Confidence survey is expected to narrow to 80.0 in February Read More →

Talking Points: Revised German GDP Data Unlikely to Generate Lasting Euro Volatility US Consumer Confidence, Comments from Fed’s Tarullo in the Spotlight Global Slowdown Fears, Fed “Taper” Conviction May Sink Risk Trends The final revision of fourth-quarter German GDP figures headlines the economic calendar Read More →

• Dollar Slow Advance Sidetracked by S&P 500 Surge • Euro Holds Fast Despite Sharp Drop in Inflation • Yen Crosses Fail to Authenticate Risk Run Dollar Slow Advance Sidetracked by S&P 500 Surge Though the US Dollar’s relationship to risk trends has been Read More →

Talking Points EURJPY struggles below key technical resistance around 141 Broader outlook constructive above 138.74- bullish invalidation Event risk on tap from Japan & Eurozone EURJPY Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURJPY testing key technical resistance at 140.95 – 141.17 Trading within ascending Read More →

Talking Points: - USDOLLAR Remains at Risk of Lower-High Amid Bearish RSI Momentum - Euro Retains Range-Bounce Prices; ECB Pledges to Act if Needed Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10570.54 10600.43 10569.46 -0.20 85.34% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Continues to Approach Former Read More →

- Dollar trades at important resistance as markets remain uncertain - Forex cycle studies suggest the middle of the week is critical for the EURUSD - US Dollar coiling up for a big move, but we need to see confirmation before trading Read More →