EURAUD Daily Chart ChartCreated Using FXCM Marketscope 2.0 Technical Outlook Weekly/Daily momentum signatures look to be turning over Multiple RSI trigger breaks pending offering conviction on near-term correction June top (so-far) roughly 20-pips from the highest weekly close of 2011 (1.4212) Supportive price action in EURUSD Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10500.1 10558.57 10494.06 -0.60 75.36% Chart - Created Using FXCM Marketscope 2.0 Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.45 percent lower from the open, we’re seeing the greenback regain its footing as U.S. Retail Read More →

Crude oil and gold prices are looking to May’s US Retail Sales Report to guide the markets’ expectations of a cutback in the Fed’s QE efforts. Talking Points Commodities Tread Water as Markets Weigh US, Chinese Economic Data Crude Oil, Gold Look to Read More →

EUROPEAN SESSION UPDATE: Comments from officials couldn’t stop the 6% decline in the Nikkei or the rise in Yen; Euro retreats from a rise towards 1.3400… The effects of yesterday’s US stock market selloff following the downgrade of the World Bank’s Read More →

The US Dollar looks to May’s Retail Sales report for Fed stimulus reduction clues after hitting a two-month low against the Japanese Yen amid risk aversion. Talking Points Yen Soars, Aussie and Kiwi Dollars Drop as Risk Aversion Strikes in Asia Markets Look Read More →

Dollar and S&P 500 Traders Face Major Trend Reversals Japanese Yen: USD/JPY Slips Below 95 as Nikkei Collapses 6 Percent British Pound: Despite Rally After Report, GBP/USD Yet to Break 1.5700 Euro Rallies to February Highs Despite Greece Troubles Canadian Dollar Looks to Break Read More →