Gold Trades Heavy on NFP Beat- Bearish Below $1430 Fundamental Forecast for Gold: Bearish Crude Oil, Gold Prices May to Rise on Soft US Jobs Data Gold Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10640.58 10650.62 10540.35 0.55 133.56% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.55 percent higher from the open after the world’s largest economy added another 175K jobs in May, Read More →

Talking Points • Euro: ECB Adopts Neutral Tone, Banks to Repay EUR 2.93B of LTRO • British Pound: Carves Higher Low Ahead of BoE Read More →

Crude oil and gold prices are likely to rise if a soft result on May’s US employment report reduces the probability of a near-term cutback of Fed stimulus efforts Talking Points US Jobs Report in Focus as Markets Mull Fed QE3 Cutback Read More →

EUROPEAN SESSION UPDATE: ECB’s Nowotny said the economic downturn is underestimated and unconventional tools should be analyzed, Euro declines slightly; Bundesbank cuts growth forecast… The major European currencies took a breather in today’s session, as risk-correlated currencies saw big moves ahead Read More →

The Japanese Yen rose while the Australian Dollar tumbled amid fears that US jobs data will encourage the Federal Reserve to reduce the size of its stimulus program. Talking Points Yen Gains, Aussie Dollar Sinks as Markets Position for US Jobs Data US Read More →