FX News

Gold Holds Support as NFPs Disappoint- $1349 Remains Key Resistance Fundamental Forecast for Gold: Neutral Gold Bleeding Lower; Focus is on 1282 Gold, Crude Oil to Read More →

British Pound Rebound Vulnerable to BoE Forward-Guidance Fundamental Forecast for the British Pound: Neutral GBP/USD Month Open at 1.5207; Near Term Resistance at 1.5150/70 Trading a Potentially Significant GBPJPY Read More →

THE TAKEAWAY: US Non-farm Payroll come in much weaker than expected at +162K > GBPUSD rallies up to $1.5300 US Non-farm Payroll numbers came in significantly weaker than expected: +162K July actual; +185K Bloomberg News survey expected; +188K prior (revised down Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10862.77 10880.16 10803.86 0.55 102.61% Chart - Created Using FXCM Marketscope 2.0 Release Expected Actual Change in Non-farm Payrolls (JUL) 18K 1.62 Unemployment Rate (JUL) 7.5% 7.4% Personal Income (JUN) 0.4% 0.3% Personal Spending (JUN) 0.5% 0.5% Personal Consumption Expenditure Deflator (YoY) (JUN) 1.3% 1.3% Personal Consumption Expenditure Core (YoY) (JUN) 1.1% 1.2% The Dow Jones-FXCM U.S. Dollar Index Read More →

The Australian Dollar hit a 2-year low against its US namesake in Asian trade. All eyes now turn to US jobs data and its implications for Fed “taper” speculation. Talking Points Australian Dollar Sinks on Two-Year Low on RBA Rate Cut Speculation US Read More →

Trading the News: U.S. Non-Farm Payrolls What’s Expected: Time of release: 08/02/2013 12:30 GMT, 8:30 EDT Primary Pair Impact: EURUSD Expected: 185K Previous: 195K DailyFX Forecast: 180K to 200K Why Is This Event Important: The U.S. economy is expected to add another 185K jobs in July and a Read More →