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AUD/USD- Trading the Australian Employment Report

Trading the News: Australia Employment Change What’s Expected: Time of release: 07/11/2013 1:30 GMT, 21:30 EDT Primary Pair Impact: AUDUSD Expected: 0.0K Previous: 1.1K DailyFX Forecast: -5.0K to 1.0K Why Is This Event Important: After adding 1.1K jobs in May, Australia employment is expected to hold flat in Read More →

USD Declines Ahead of FOMC Minutes; Chinese Trade Data Disappoints

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 →

USD Traders Eye FOMC Minutes, JPY to Rally on Less-Dovish BoJ

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 Federal Open Market Committee (FOMC) Minutes

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 →

Yen Rises Further Against the Dollar in an FOMC Focused Trading Day

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 →

FX Headlines: European Data Watch for July 10, 2013

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 →