The Euro looks to an updated set of ECB economic projections and President Mario Draghi’s press conference for guidance on the direction of monetary policy. Talking Points Euro Sets Sights on Draghi Press Conference, ECB Growth Projections Update British Pound Unlikely to Find Read More →

Dollar Restraint While S&P 500 Collapses – What Does it Mean? Euro at Risk of Breakout as ECB Policy Decision Approaches Japanese Yen Suffering the Tension Between Stimulus and Sentiment British Pound: The Bank of England Has a Serious Chance to Surprise, Though Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10709.29 10728.96 10686.09 0.00 59.56% Chart - Created Using FXCM Marketscope 2.0 Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is flat from the open, we’re seeing the reserve currency struggle to push back above the 78.6 Read More →

Talking Points Euro: 1Q GDP Contracts 0.2%, Retail Sales Slumps British Pound: U.K. Service-Based Activity Gathers Pace U.S. Dollar: ADP Disappoints- ISM, Fed’s Beige Book Read More →

EUROPEAN SESSION UPDATE: USD/JPY falls below 100.00 again as delayed ‘Abenomics’ execution frustrates markets… Euro-zone gross domestic product was confirmed to have decline 0.2% in the first quarter, thereby keeping the Euro-zone in a recession for the sixth consecutive quarter of Read More →