USD Index Poised For Breakout, AUD Trend Remains Intact Ahead Of RBA

Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.08 percent lower from the open, the drop in risk-taking behavior is helping to prop up the reserve currency, and the index looks poised for a sharp move as price action approaches the apex of the symmetrical triangle. Indeed,... FF News: Technical

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USD Index Holds Key Support as Fed Beige Book Weighs on QE3 Prospects

The greenback is modestly firmer at the close of North American trade with the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) advancing 0.16% on the session after moving just 57% of its daily average true range. Thin summer trade has kept volatility at a minimum with investors remaining cautious... FF News: Technical

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