Trading the News: Reserve Bank of Australia Interest Rate Decision What’s Expected: Time of release: 06/04/2013 4:30 GMT, 0:30 EDT Primary Pair Impact: AUDUSD Expected: 2.75% Previous: 2.75% DailyFX Forecast: 2.75% Why Is This Event Important: Although the Reserve Bank of Australia (RBA) is widely expected to keep Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10661.98 10767.77 10644.61 -1.01 156.30% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 1.01 percent lower from the open after the ISM Manufacturing survey marked the first contraction since Read More →

Article Summary: It could be a pivotal week for forex and broader markets as cyclical studies and key volume indicators show we’re on the verge of something big. Here’s how we’re trading. DailyFX PLUS System Trading Signals – It’s shaping up Read More →

Talking Points Euro: ECB’s Draghi Says Economic Situation Remains Challenging British Pound: BoE Sees Recovery in U.K., Private Lending to Pickup U.S. Dollar: Fed’s William Read More →

It’s a slightly paradoxical European Forex trading session so far this Monday, as the Euro and Pound are both trading higher against the US Dollar, but European equities and bonds are showing risk-off aversion. GBP/USD is trading 0.44% higher and Read More →

The Euro and the British Pound may rise as the May roundup of PMI figures sets the stage for ECB and BOE monetary policy announcements due later in the week. Talking Points Euro and Pound May Rise as PMIs Weighs Against Dovish Read More →