USD Trading Outlook Archive

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

U.S. Dollar Trading (USD) the Dollar was supported Monday in holiday markets by continued stalling in the US fiscal cliff saga. The looming January 1stdeadline will keep the fiscal cliff in focus over the next few days and could lead to risk off selling if… Read more

U.S. Dollar Trading (USD) with stock markets continuing to press higher again yesterday with the safe haven Dollar sold and riskier currencies bought. Gold bucked the trend however crashing over $30oz as investors pulled money out of the precious metal and into higher yielding stocks/currencies…. Read more

U.S. Dollar Trading (USD) stocks around the world enjoyed solid gains overnight after a Japanese led post-election rally. Many pairs traded at highs at the open Monday and came under profit taking for most of the trading day. EUR/JPY and USD/JPY were the main pairs… Read more

U.S. Dollar Trading (USD) a stronger than forecast German ZEW survey sparked a rally that continued in New York with traders optimistic about the FOMC decision later today. US November Trade Balance at -42bn vs. 41bn previously. The market has now priced in dovish news… Read more

U.S. Dollar Trading (USD) traders continued to take an optimistic view of the global economy focusing on the stronger Chinese/US data and less on Spain/Italy and ‘fiscal cliff’. US Stocks rallied ahead of the FOMC on Wednesday which analysts suggest may contain further easing for… Read more

U.S. Dollar Trading (USD) The USD enjoyed solid gains on Friday after the November Nonfarm Payrolls came in much stronger than forecast. November NFP came in at 146k vs. 93k forecast and the Unemployment Rate fell to 7.7% vs. 7.9% forecast. USD/JPY shot higher but… Read more

U.S. Dollar Trading (USD) was supported by heavy selling in the EUR/USD which overflowed into other majors. Weekly Jobless claims were ok at 370k vs. 380k forecast but traders will be looking to tonight’s Nonfarm Payroll number for a better indication of the US labor… Read more

U.S. Dollar Trading (USD) November US ISM Services improved to 54.7 vs. 53.5 previously and helped underpin the US stock market moves higher overnight. ADP Employment missed with 118k vs. 125k forecast and could mean Friday’s NFP numbers might be softer than forecast. The USD… Read more

U.S. Dollar Trading (USD) the Dollar was sold across the board even with soggy US stocks as the ‘fiscal cliff’ negotiations continued and little progress being made. The Bank of Canada held Interest Rates at 1.0% as widely expected. The EUR/USD rally is lifting most… Read more