FX News

THE TAKEAWAY: Dollar Index weakens ahead of FOMC Minutes > China reports weak export data > USDJPY trades back down to ¥100.00 The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) declines -35 (-0.31%) to $10939 at the time of writing. Interestingly, Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10936.75 10990.9 10917.36 -0.35 98.29% Chart - Created Using FXCM Marketscope 2.0 Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.35 percent lower from the open, we may see a more meaningful rebound in the greenback Read More →

Trading the News: Federal Open Market Committee Minutes What’s Expected: Time of release: 07/10/2013 18:00 GMT, 14:00 EDT Primary Pair Impact: EURUSD Expected: -- Previous: -- DailyFX Forecast: -- Why Is This Event Important: The Federal Open Market Committee (FOMC) Minutes may heighten the appeal of the U.S. Read More →

EUROPEAN SESSION UPDATE: Few economic releases and no significant comments leave Forex traders looking toward Fed minutes and a Bernanke speech… The European session has remained relatively quiet thus far, with few economic releases and no standout comments to drive any Read More →

EUROPEAN FX HEADLINES: WEEK OF JULY 7 - British Pound Holds Key Support – Lacks Direction Ahead of BoE Minutes - Euro Hurt by Shift in ECB Policy, Bearish Fundamental Pressures Turned Up - June NFPs Support Taper Case, US Dollar – Light Read More →

The Japanese Yen advanced after China’s exports fell while the BOJ its policy meeting. The US Dollar may fall on June’s FOMC minutes and Bernanke commentary. Talking Points Japanese Yen Gains on China Exports Miss, BOJ Meeting Speculation US Dollar Volatility Risk on Read More →