USD Trading Outlook Archive

U.S. Dollar Trading (USD) The USD gained heavily against the Euro but lost ground against the Yen with markets profit taking ahead of the G20 and some Weak European GDP Numbers. Weekly Jobless Claims came in at 341k vs. 360k forecast in a positive sign… Read more

U.S. Dollar Trading (USD) the market volatility continued overnight with the GBP/USD crashing to fresh trend lows and EUR/USD rallying before some bearish remarks from Europe sent the single currency back to opening levels near 1.3450. Traders will be watching the BOJ closely today with… Read more

U.S. Dollar Trading (USD) the Japanese Yen once again dominated the headlines and moved most of the other majors with EUR/JPY dragging the EUR/USD higher. The G7 downplayed the recent moves in the Yen as just an overvalued currency returning to normal values. They did… Read more

U.S. Dollar Trading (USD) volatility continued throughout the Chinese New Year Celebrations with comments from US Treasury Official Brainard that she supports Japanese efforts to end deflation via aggressive monetary easing. Other speakers overnight included FED member Yellen who restated the case for the FED… Read more

U.S. Dollar Trading (USD) The USD got a boost as the largest FX pair in the market the EUR/USD sunk after the ECB meeting overnight. The market has been in a strong uptrend for months so it remains to be seen whether this is just… Read more

U.S. Dollar Trading (USD) the Dollar remained strong overnight with most markets consolidating and pulling back from recent highs. EUR/USD was on the back foot sold to 1.3500 supports and GBP/USD and AUD/USD led the market lower with both making fresh trend lows. Weekly Crude… Read more

U.S. Dollar Trading (USD) the market volatility ratcheted up overnight with the largest drop in stocks since November on Monday just providing better levels for buyers to enter. EUR/JPY and US Stocks rallied aggressively from the European open buoyed by news that BOJ Governor Shirakawa… Read more

U.S. Dollar Trading (USD) a deadly combination of profit taking and fresh political risk out of Europe saw heavy selling in Global stocks and a rush to the safe haven US Dollar. The main story sweeping the market was a Spanish corruption scandal and record… Read more

U.S. Dollar Trading (USD) a mixed NFP report saw 157k vs. 160k forecast jobs created in January but the Unemployment Rate ticked higher to 7.9% vs. 7.8% previously. The market bought into the small dip after the numbers were released after traders looked at the… Read more

U.S. Dollar Trading (USD) the Dollar had a mixed day with the European and UK currencies enjoying good gains while the Yen and Gold were under heavy selling pressure. Chicago PMI was strong at 55.6 vs. 50.5 forecast and help spark a Yen cross rally… Read more