USD Trading Outlook Archive

U.S. Dollar Trading (USD) the Dollar was on the front foot yesterday with profit taking extending for a third day in Asia and most majors were slightly lower on the day. Stocks remain resilient near year highs in the US with the earning season beginning… Read more

U.S. Dollar Trading (USD) the Dollar gained against most pairs with the EUR/USD pulling back from 1.3400 and remaining under pressure after ECB Juncker commented the ‘Euro’ was dangerously high. Adding to the caution overnight rating agency Fitch warned both the UK and the US… Read more

The US dollar (USD) is expected to come under heavy trading tonight, when Fed Chairman Ben Bernanke speaks. His policy of damping bond yields was helped by heavy Japanese purchases of US Debt Instruments. Japan is expected to keep up with the same policy in… Read more

U.S. Dollar Trading (USD) traders enjoyed a very volatile trading day in the currency markets with the Euro leading the majors higher against the Greenback after the ECB meeting yesterday. Stock markets rallied around the world supported on the back of strong China Trade data… Read more

U.S. Dollar Trading (USD) a relatively quiet day on the markets with small gains in US stocks keeping a nascent Dollar rally in check throughout the New York session. USD/JPY was the exception leading Yen crosses higher in another day of heavy Yen selling. EUR/USD… Read more

U.S. Dollar Trading (USD) mild profit taking led to downside across most markets overnight with investors turning cautious ahead of the ECB meeting today. US Consumer Credit increased more than expected to $16bn vs. $12.7bn forecast. USD/JPY continued its correction lower overnight and breached Y87… Read more

U.S. Dollar Trading (USD) Dollar strength from last week’s FOMC minutes surprise faded overnight and we saw EUR/USD bounce off 1.3000 and USD/JPY fall back from the Y88 handle. Attention is turning to the ECB later this week and their outlook for Eurozone in 2013…. Read more

U.S. Dollar Trading (USD) December Nonfarm Payroll gained +155k and the Unemployment Rate remained at 7.8% in figures released Friday. Stock market’s climbed into the weekend and this inspired some USD selling with Gold particularly volatile. The FOMC minutes change of tune towards further QE… Read more

U.S. Dollar Trading (USD) a very volatile day of trading with the USD surging late in the day on the back of hawkish minutes from the FOMC. Some members stated that it would be appropriate to slow or end asset buying in 2013. Stopping QE… Read more

U.S. Dollar Trading (USD) traders have returned to a new year of Trading with bulls firmly in control after the US fiscal cliff crisis was adverted in a late minute deal between Republicans and President Obama. Risk assets from Oil to stocks have all rallied… Read more