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  • Opinions - Not Facts

    This blog consists of contributions from FXCM staff, executives and people that have a relationship with FXCM. In spirit of a blog, the posts are conversational and opinionated. However, they are not official FXCM policy and not double-checked for facts. The authors are providing information that they believe to be true or opinions they hold. To verify information or check official FXCM policy, please contact FXCM through the firm's official website, www.fxcm.com.

    • « USDCAD: Headed for More Losses | Home | DailyFX Forex Radio - US Dollar Gains Despite Rate Cut Forecasts, What Does this Mean for Forex Trading? »

    DailyFX Forex Radio - EUR/USD May Face Additional Declines, ECB Provides Major Event Risk This Week

    By DailyFX Radio | January 7, 2008

    · US Dollar regains strength as Euro loses momentum on disappointing consumer confidence. (See the Daily Market Brief for more on this.)

    · While US event risk will be light today, commentary from Fed’s Lockhart could support additional dollar gains if he focuses on inflation risks.

    · Tuesday’s US pending home sales report, on the other hand, could spark losses for the greenback and gains for Treasuries (See DailyFX Cross Market Reactions).

    To discuss these or any other FX topics with the DailyFX analysts, check out the Forum

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    Topics: DailyFX Radio Podcasts |

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