U.S. Dollar Trading (USD) some stronger than expected October Jobs data helped inspire Dollar buying into the weekend. October Non Farm Payrolls were at 151k vs. 60k forecast whilst the Unemployment rate stayed at 9.6%. In US stocks, DJIA +9 points closing at 11444, S&… Read more
USD Trading Outlook Archive
U.S. Dollar (USD) Trading Outlook (08-11-2010)
November 8, 2010U.S. Dollar (USD) Trading Outlook (05-11-2010)
November 5, 2010U.S. Dollar Trading (USD) continued to be battered on Thursday as the fallout from the FOMC to extend stimulus continued to weigh heavy on the dollar. Share markets rally ensured that risk was on in FX markets, hindering the USD to trade at record lows… Read more
U.S. Dollar (USD) Trading Outlook (04-11-2010)
November 4, 2010U.S. Dollar Trading (USD) was sent into a frenzy as the FOMC decided on a bold move to purchase long term securities to the sum of $600 Billion by the end of the second quarter in 2011. Whilst maintaining existing policies and re-investing proceeds from… Read more
U.S. Dollar (USD) Trading Outlook (03-11-2010)
November 3, 2010U.S. Dollar Trading (USD) slipped further against a handful of currencies on Tuesday. In an otherwise uneventful North American session, share markets rose on hope that mid-term elections would buoy the economy. The Dow Jones rose by 0.58%, S& P up 0.85% and the NASDAQ… Read more
U.S. Dollar (USD) Trading Outlook (02-11-2010)
November 2, 2010U.S. Dollar Trading (USD) was mixed to start the week as ISM manufacturing hit five month highs in the month of October, coming in at 56.9, previous 54.4. The figures were not enough to shrug off the poor GDP figures released on Friday and expectations… Read more
U.S. Dollar (USD) Trading Outlook (29-10-2010)
October 29, 2010U.S. Dollar Trading (USD) remained under pressure as news emerged that the FED was talking to Bond traders to work out how much the US central bank would have to purchase to move the Treasury market. Stock markets remained volatile even as Weekly Jobless Claims… Read more
U.S. Dollar (USD) Trading Outlook (28-10-2010)
October 28, 2010U.S. Dollar Trading (USD) the market is readjusting its expectations of FED easing to a lower amount and this is helped the Dollar to rally and inducing stocks markets to pull back. September Durable Goods Orders gained 3.3% vs. 2% excepted. In US stocks, DJIA… Read more
U.S. Dollar (USD) Trading Outlook (27-10-2010)
October 27, 2010U.S. Dollar Trading (USD) the dollar gained gradually throughout the day as stocks were flat and traders pared back bets of aggressive FED expansion. October CB Consumer Confidence increased to 50.2 vs. 48.6 previously. In US stocks, DJIA +5 points closing at 11169, S& P… Read more
U.S. Dollar (USD) Trading Outlook (26-10-2010)
October 26, 2010.S. Dollar Trading (USD) the market sold the USD aggressively in the Asian and European sessions but traders took profit in the US session as stock markets fell back from opening levels. Existing Home Sales surprised at +10% in September. In US stocks, DJIA +31… Read more
U.S. Dollar (USD) Trading Outlook (25-10-2010)
October 25, 2010U.S. Dollar Trading (USD) with the G20 meeting already underway into the weekend, Friday& rsquo s trading session was subdued with slight rallies in equities keeping the USD under pressure. The G20 meeting resulted in a statement supporting a commitment to & lsquo refrain from… Read more