FX News

Dollar Slow to Offer EURUSD Progress While Stocks Plunge Euro: Be Careful of a Crisis Relief Rally British Pound Lets its Stimulus Effort End, Sterling Exposed Japanese Yen Rallies Across the Board, Outpaces Dollar Swiss Franc May Stay Away from 1.2000 as Authorities Target Read More →

The Australian dollar's recent advance has carried the pair into critical resistance with the aussie testing the topside range of a multi-year long technical formation. Despite the fact that recent economic data does show improving conditions domestically (last night's stronger Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9953.00 9982.61 9953.03 -0.11 72.80% Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.11 percent lower from the open , the shift in trader sentiment should push the greenback higher over the next 24-hours of Read More →

The prices of gold and silver changed direction and declined on Wednesday along with other assets including crude oil, natural gas and stock markets. The hype over the elections of the incumbent President Obama for a second term didn't last Read More →

Talking Points Euro: ECB Keeps Interest Rate At 0.75%, Curbs Growth Outlook British Pound: Continues To Build Short-Term Base As BoE Maintains Policy U.S. Dollar: Struggles To Hold Ground Amid Rebound In Risk Sentiment Euro: ECB Keeps Interest Rate At 0.75%, Curbs Growth Outlook The Read More →

THE TAKEAWAY: BOE keeps a 375B asset purchase target and 0.50% interest rate -> Spending on QE is expected to end this month -> Sterling rallies The Bank of England decided not to increase the asset purchase target in November, despite Read More →