USD

U.S. Dollar Trading Higher Against Yen
Currencies

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The U.S. Dollar is trading higher against the Japanese Yen during the mid-morning U.S. session going into the weekend.

Euro
Currencies

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The Euro continues to be under pressure for the 9th straight session. As headlines hit the wires about Greece and Spain market participants look to move away from the risk appetite assets send money flowing out of the Euro and into the U.S. dollar. Playing the move Euro move

Gold Bars
Commodities

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Gold price continued its climb higher for a second day after Federal Reserve announcement of third round of quantitative easing which weakens the U.S. dollar and in turn strengthen gold’s price as traders look for safety.  The FMOC’s announcement of QE3 was more aggressive than most analysts were anticipating with a plan to purchase 40 billion USD in mortgage backed securities on a ongoing unlimited fashion until the U.S. economy

U.S. Dollar Losing Ground To The Euro
Currencies

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The U.S. dollar continues to remain under pressure as the U.S. dollar index trades below the 80 level to 79.68 in anticipation of the Federal Reserve will begin its third round of monetary easing (QE3). Market participants are focusing on tomorrow’s statement from the FMOC scheduled for 12:30 a.m. ET.

U.S. Stock Market
Currencies

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Well this week kicks off earnings season right in the middle of the euro zone storm and ahead Wednesday’s FOMC statement. 

U.S. Stock Market
Futures

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U.S. markets are poised for a higher open with S&P 500 fair value 5.1501 and the Dow fair value 51.09 on rumors

EURUSD FXE
Currencies

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Markets are off to a positive start in the early week, with two key developments over the weekend seen as the primary drivers for the initial surge in risk correlated assets. The news that EU assistance to the Spanish banking sector in the amount of Eur100B has well exceeded estimates of most analysts, while Chinese data was not as bad as many had feared. Both of these developments have resulted in a market rally driven by the expectation that the global economy will continue to be supported by proponomics.

USD Outlook Propped Up By Bernanke, JPY Reversal To Accelerate
Currencies

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The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.05 percent higher from the open after moving 77 percent of its average true range, and the greenback may continue to recoup the losses from earlier this month as Fed Chairman Ben Bernanke softens his dovish tone for monetary policy

Today's Key Economic Data
Commodities

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Today the economic calendar is jammed packed with key market moving data, that will have traders watching closely.

European Investor Confidence Falls to 3-Year Low
Currencies

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European investors’ optimism for the Eurozone has reached a 3-year low according to a Sentix survey. The Sentix investor confidence for June came in at -28.9, the lowest score since May 2009, but still better than analysts’ expectations for a -30.0 survey result. Back in March of this year, the survey reached a six month high at -8.2, before the survey results declined for the next four straight months.