U.S. Dollar Trading (USD) a miss on the November US manufacturing PMI overnight prompted a pullback in stocks during the New York session but this didn’t translate into safe haven demand for the Dollar. Instead the market has taken the view that the weak US… Read more
USD Trading Outlook Archive
U.S. Dollar (USD) Trading Outlook (04-12-2012)
December 4, 2012U.S. Dollar (USD) Trading Outlook (03-12-2012)
December 3, 2012U.S. Dollar Trading (USD) a weak equity close was seen on Friday after US Fiscal Cliff negotiations showed signs of stalemate. A big week of economic data ahead will be critical for sustaining the recent gains and we expect a lot of volatility. Friday’s NonFarm… Read more
U.S. Dollar (USD) Trading Outlook (22-11-2012)
November 22, 2012U.S. Dollar Trading (USD) saw share markets rally into thanksgiving holidays, prompting risk sentiment to improve on a number of currencies following an earlier dour trading outlook. With reports emanating from Cairo that Palestine and Israel had reached a cease fire, markets had a second… Read more
U.S. Dollar (USD) Trading Outlook (15-11-2012)
November 15, 2012U.S. Dollar Trading (USD) US data missed overnight and this led to another day of heavy losses. Middle Eastern tensions spiked higher overnight with Israel bombing Gaza. The Dollar was bought on safe haven demand making its biggest gains against the Yen which was sold… Read more
U.S. Dollar (USD) Trading Outlook (14-11-2012)
November 14, 2012U.S. Dollar Trading (USD) US traders returned on Tuesday to a looming government debt debate dubbed the ‘fiscal cliff’. In 2013 tax cuts expire and slashed government spending could combine to push the US economy back into recession. US stocks finished negative once again but… Read more
U.S. Dollar (USD) Trading Outlook (13-11-2012)
November 13, 2012U.S. Dollar Trading (USD) a quiet start to the trading week with US Traders away for Veteren’s Day. The main focus was the Greece Austerity vote which was passed successfully. The EUR/USD struggled to rally however with details of the Trioka report and the release… Read more
U.S. Dollar (USD) Trading Outlook (12-11-2012)
November 12, 2012U.S. Dollar Trading (USD) another volatile and risky trading session on Friday with most markets touching new lows intraday. US stocks opened weak but were able to manage a weekend relief rally and helped lift other risk based markets higher. UoM Consumer Sentiment rose to… Read more
U.S. Dollar (USD) Trading Outlook (09-11-2012)
November 9, 2012U.S. Dollar Trading (USD) those hoping for a bounce after the heavy falls seen on Tuesday and Wednesday were disappointed as US stocks continued to remain under pressure. The USD enjoyed its safe haven status and gained across the board with the notable exception of… Read more
U.S. Dollar (USD) Trading Outlook (08-11-2012)
November 8, 2012U.S. Dollar Trading (USD) a short-lived rally after Obama secured his second term as US President was dramatically reversed during the US session. The Dow Jones fell 300 points from highs and saw the Dollar gain across the board on safe haven demand. The main… Read more
U.S. Dollar (USD) Trading Outlook (07-11-2012)
November 7, 2012U.S. Dollar Trading (USD) markets are in for some volatile trading over the next 24 hours with US elections wrapping up and Obama looking set to secure a second term. The immediate response to the Obama victory projection was a sharp move higher in Gold… Read more