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USD Outlook Favors Buying Dips- GBP Breakout Eyes Key Targets

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10721.89 10758.98 10715.95 -0.23 66.09% USDOLLAR 30-Minute Chart - Created Using FXCM Marketscope 2.0 Release GMT Expected Actual Producer Price Index (YoY) (JUL) 12:30 2.4% 2.1% Producer Price Index ex Food, Energy (YoY) (JUL) 12:30 1.3% 1.2% In light of the marked rebound in the GBPUSD, the Dow Jones-FXCM U.S. Dollar Read More →

Forex: Pound Braces for Volatility on BOE Minutes, Jobless Claims Data

The British Pound looks set for a volatile session as traders look to minutes from Augusts’ BOE meeting and July’s jobless claims data to refine monetary policy bets. Talking Points British Pound Volatility Likely on BOE Minutes, Jobless Claims Report Euro May Rise Read More →

Forex: Dollar Extends Rebound with USDJPY Rallying Through 97.50

Dollar Extends Rebound with USDJPY Rallying Through 97.50 Euro Traders Will Carry a Bias into 2Q Eurozone GDP Figures British Pound Threatens Bullish Break on EURGBP After CPI Japanese Yen Crosses Surge while Equities Struggle Australian Dollar: Treasury Projects Rising Jobless Rate, Deficit New Zealand Read More →

Will German 2Q GDP Push the EURUSD Back Towards 1.3400?

Trading the News: German Gross Domestic Product With Germany’s Gross Domestic Product (GDP) report due out ahead of the Euro-Zone print, the developments coming out of Europe’s largest economy may set the tone for the EURUSD as the region is expected Read More →

USD Topside Targets in Sight- JPY to Threaten Bullish Trend

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10750.37 10760.07 10707.3 0.46 80.38% Chart - Created Using FXCM Marketscope 2.0 Release GMT Expected Actual NFIB Small Business Optimism (JUL) 11:30 94.5 94.1 Import Price Index (MoM) (JUL) 12:30 0.8% 0.2% Import Price Index (YoY) (JUL) 12:30 1.5% 1.0% Advance Retail Sales (JUL) 12:30 0.3% 0.2% Advance Retail Sales ex Autos (JUL) 12:30 0.4% 0.5% Business Inventories (JUN) 14:00 0.2% 0.0% The Dow Jones-FXCM U.S. Read More →

Pound and Euro Unphazed by a Significant European Session

EUROPEAN SESSION UPDATE: Neither of the two biggest European currencies reacted to the UK inflation release or the German ZEW surveys… Want to trade with proprietary strategies developed by FXCM? Find out how here. Today’s European session was filled with a couple Read More →