FX News

The British Pound faces its first major data release under the BOE’s new forward guidance framework as July’s CPI report comes across the wires. Talking Points British Pound to Interpret CPI Data in Terms of BOE Guidance Framework Euro May Rise as Pickup Read More →

Trading the News: U.K. Consumer Price Index The U.K. Consumer Price report could be a game-changer for the British Pound as the Bank of England (BoE) adopts forward-guidance for monetary policy. What’s Expected: Time of release: 08/13/2013 8:30 GMT, 4:30 EDT Primary Pair Impact: Read More →

Dollar Posts First Advance in Seven Days as Fed Report Minimizes QE Japanese Yen Posts Universal Drop after 2Q GDP Release British Pound: Impact from CPI Leveraged by BoE’s Shift Euro: Does the Market Not Care About Greece’s Ongoing Recession? Australian Dollar Stumbles after Read More →

Chart Created Using FXCM Marketscope 2.0 Technical Outlook EURUSD Break above key technical resistance at 1.3340 in question- Bearish below this Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10685.22 10701.51 10653.2 0.22 73.01% Chart - Created Using FXCM Marketscope 2.0 Release GMT Expected Actual Monthly Budget Statement (JUL) 18:00 -$96.0B -- The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 0.22 percent higher from the open, with the greenback breaking out of the Read More →

Article Summary: There are many factors in favor of US Dollar strength and Yen weakness. The problem is timing—what do we have to see to get long USDJPY in the week ahead? DailyFX PLUS System Trading Signals – We’re looking for Read More →