FX News

THE TAKEAWAY: US University of Michigan Consumer Confidence comes in better than expected > USD is broadly weaker > USDJPY plummets to ¥98.20 despite encouraging inflation figures Investor fears are back as global markets trade lower. Various measures of volatility indicate Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10734.54 10751.9 10705.2 -0.08 62.04% Chart - Created Using FXCM Marketscope 2.0 Release Expected Actual U. of Michigan Confidence (JUL F) 84.0 85.1 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is now trading 0.08 percent lower from the open after bouncing back from Read More →

THE TAKEAWAY: Despite lower Italian and Spanish bond yields and the diminished risk of Greece leaving the Euro-Zone in the near-term, there is clear evidence that doing “whatever it takes” to save the Euro hasn't done much to solve the Read More →

THE TAKEAWAY: 2.5 billion Euros were approved for the next payment to Greece during a conference call between aid officials; Euro slightly lower after a 500 point rally since early July… Want to trade with proprietary strategies developed by FXCM? Find Read More →

The Japanese Yen outperformed in overnight trade as Asian stocks swooned in what appeared to be pre-positioning ahead of next week’s heavy event risk. Talking Points Japanese Yen Outperforms as Liquidation Hits Asian Stock Exchanges UofM Consumer Confidence Gauge Revision Unlikely to Stir Read More →

Dollar Tumbles after Fed Mouthpiece Suggests Fed Guidance Change British Pound: Why a Drop after UK 2Q GDP Hits Robust Expectations? Euro: Greece Moves to Ensure EU Rescue Payout Approval Friday Australian Dollar Suffering as Confidence in RBA Rate Hikes Builds Japanese Yen: BoJ Read More →