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Forex: US Dollar May Extend Gains on Pro-Taper Fed, G20 Commentary

Talking Points: Japanese Yen Sold as Asian Stocks Follow Wall Street Higher G20 Draft Communiqué Shows Support for Stimulus Withdrawal US Dollar May Rise as Fed’s Fisher Talks Up “Tapering” QE The Japanese Yen underperformed in overnight trade, falling as much as 0.3 percent Read More →

Forex: Dollar Posts Fourth Measured Advance after Data Feeds the Taper

Talking Points: Dollar Posts Fourth Measured Advance after Data Feeds the Taper British Pound Breakout Building Alongside Gilt Yields Euro Unfazed by Weak PMI Data, Spain Long-Term Debt Sale Dollar Posts Fourth Measured Advance after Data Feeds the Taper In the green through early trade Read More →

Gold and Silver Drifting Lower as US Dollar Continues Advance

Talking Points Gold and silver drifting lower in Asian trading as US Dollar continues advance US economic data released overnight has done little to alter the course of the greenback Crude treading water following release of DOE inventories report Gold and silver are floundering Read More →

Graphic Rewind: US Dollar Rises as FOMC Minutes Stick to Bernanke Playbook

Talking Points: US Dollar Index rises to a weekly high The greenback popped higher on FOMC minutes AUD/USD drops 50 pips on disappointing Chinese PMI A look back at the past 24 hours of Forex trading using movements in the US Dollar Index: US Dollar Read More →

USD Rebound Threatened by Former Support- AUD Lower High in Place

Talking Points: - USDOLLAR Rallying Into Former Support Following FOMC Minutes - Australian Dollar Fails to Maintain Bullish Momentum- At Risk for Lower Low Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10593.85 10595.25 10563.08 0.20 86.86% USDOLLAR Daily Chart - Created Using FXCM Marketscope 2.0 Former Support in Focus Read More →

US Dollar Rises on an Improved Preliminary PMI for February

Talking Points: Markit’s Preliminary US PMI significantly beats expectations USD/JPY rises 15 pips Want to trade with proprietary strategies developed by FXCM? Find out how here. The preliminary US Purchasing Managers’ Index for February beat expectations and sent the US Dollar more than 15 Read More →