Crude oil and gold prices await the ISM Non-Manufacturing Composite gauge to offer guidance on the probability of a near-term reduction in Fed QE efforts. Talking Points Crude Oil, Copper to Follow Risk Trends as ISM Informs Fed Policy Bets Gold and Silver Read More →

The Euro and US Dollar remain focused on the outlook for ECB and Fed monetary policy, with PMI and ISM reports set to guide near-term expectations. Talking Points Euro to Rise if Final PMI Roundup Downgrades ECB Stimulus Bets US Dollar Looks to Read More →

Dollar: Is There Enough in ISM Services Data to Stoke Taper Talk? Euro Circles Suggest ECB Backing Off Stimulus Escalation Option Australian Dollar: In-Line GDP Nudges RBA Rate Cut Expectations Japanese Yen Unmoved by Increasingly Colorful Warnings British Pound: Will Service Sector Round Out Read More →

Trading the News: Australia Gross Domestic Product What’s Expected: Time of release: 06/05/2013 1:30 GMT, 21:30 EDT Primary Pair Impact: AUDUSD Expected: 0.7% Previous: 0.6% DailyFX Forecast: 0.5% to 0.7% Why Is This Event Important: The Australian economy is expected to grow another 0.7% following the 0.6% expansion Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10718.61 10731.34 10663.54 0.45 90.47% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.45 percent higher from the open after moving 90 percent of its average true range, and the Read More →