U.S. Dollar Trading (USD) the market had a lot to digest on Friday with FED Chief Bernanke once again telling the markets US monetary policy will remain low for an extended period of time. The other big story in the markets was the signing into… Read more
USD Trading Outlook Archive
U.S. Dollar (USD) Trading Outlook (04-03-2013)
March 4, 2013U.S. Dollar (USD) Trading Outlook (01-03-2013)
March 1, 2013U.S. Dollar Trading (USD) the EUR/USD short Squeeze failed to kick on in the European and US sessions yesterday and we found ourselves back at 1.3050 in Asian trade Friday. The outlook is mixed with the USD strong across the board after stronger than forecast… Read more
U.S. Dollar (USD) Trading Outlook (28-02-2013)
February 28, 2013U.S. Dollar Trading (USD) the Dollar was sold late in New York overnight with US stocks soaring to fresh year highs after positive comments from FED Chief Bernanke and ECB Chief Draghi helped strengthen risk appetite. Fed Chairman Bernanke downplayed disunity inside the central bank… Read more
U.S. Dollar (USD) Trading Outlook (27-02-2013)
February 27, 2013U.S. Dollar Trading (USD) the Dollar was strong overnight with uncertainty regarding the Italian election outcome still hurting sentiment and generally upbeat US FED chief Bernanke’s testimony before congress helping support the USD bulls. Bernanke tried to calm market unease about the ending of QE3… Read more
U.S. Dollar (USD) Trading Outlook (26-02-2013)
February 26, 2013U.S. Dollar Trading (USD) the Dollar gained on safe haven flows overnight with the EUR/USD sold off dramatically after exit polls suggested no clear majority in the recent Italian Elections. Stocks markets reversed and the Yen crosses were sold aggressively across the board with some… Read more
U.S. Dollar (USD) Trading Outlook (25-02-2013)
February 25, 2013*Update HSBC February Flash Manufacturing PMI misses at 50.4 vs. 52.2 f/c* U.S. Dollar Trading (USD) the Dollar enjoyed strength across the board Monday after a myriad of news over the weekend. Late on Friday at the close of New York we saw UK downgraded… Read more
U.S. Dollar (USD) Trading Outlook (22-02-2013)
February 22, 2013U.S. Dollar Trading (USD) the market volatility ramped up again on heavy stock market losses across the globe after the FOMC minutes fallout continued across the Asian and then European sessions. The US data did little to help with misses on Weekly jobless claims (362k… Read more
U.S. Dollar (USD) Trading Outlook (21-02-2013)
February 21, 2013U.S. Dollar Trading (USD) in a very important trading day we saw large selling in US stocks post FOMC Minutes overnight as a ‘number’ of FED members expressed concern at the potential risks for further Asset purchases (QE). Some members suggested a halt to QE3… Read more
U.S. Dollar (USD) Trading Outlook (19-02-2013)
February 19, 2013*UPDATE* 23:50GMT Japanese FinMin Aso ‘No Plan to Buy Foreign Bonds for Monetary Easing or change BOJ independence Law for the time being’ U.S. Dollar Trading (USD) a quiet US session with markets closed for President’s Holiday and there was little fresh news for traders… Read more
U.S. Dollar (USD) Trading Outlook (18-02-2013)
February 18, 2013U.S. Dollar Trading (USD) was generally strong across the board with USD/JPY soaring after support was found and the G20 remained quiet on FX movements. Feb UoM Consumer Sentiment improved to 76.3 vs. 74.8 previously. Some USD strength came from FED member Pianalto who saw… Read more