USD Trading Outlook Archive

U.S. Dollar Trading (USD) USD strength from Friday continued throughout Monday with heavy EUR/USD selling pushing the single currency below 1.2800. G20 Finance Ministers met in Mexico and we heard concerns about the coming fiscal cliff in the in 2013. US elections are today and… Read more

U.S. Dollar Trading (USD) a volatile day of trading was seen Friday after stronger than forecast NFP data at 171k vs. 125k expected. The Unemployment Rate crept higher to 7.9% vs. 7.8% previously. US stocks opened higher on the good jobs data but it didn’t… Read more

U.S. Dollar Trading (USD) US traders returned to the market and although were initially bullish we ended flat and this has taken the wind out of many pairs attempted rallies. EUR/USD failed at 1.3000 and was the leader of the majors lower in the US… Read more

U.S. Dollar Trading (USD) Fresh European bickering and concerns that Hurricane Sandy will devastate the east coast of the US kept risk off most of Monday. Demand for the Safe Haven Dollar was strong and gained across the board in light trading volume. Looking ahead,… Read more

U.S. Dollar Trading (USD) the dollar had a mixed day on Friday with stocks finishing flat we looked to other stories to move the FX markets. US Q3 GDP was slightly stronger than forecast at 2.0% vs. 1.9% previously. The large drop in USD/JPY was… Read more

U.S. Dollar Trading (USD) recent economic data has started to push up yields on US treasuries and this is directly affecting the USD/JPY which has broken back above Y80 for the first time in 3 months. September Durable Goods Orders surged 9.9% vs. -13% last… Read more

U.S. Dollar Trading (USD) traders got mixed action yesterday with a rally in Europe reversed later in the US session. Most FX pairs were little changed with the risk sensitive currencies doing the best. The FOMC was a non event with rates kept at 0.25%… Read more

U.S. Dollar Trading (USD) demand for safe haven assets helped the Dollar gain across the board with EUR/USD falling below 1.3000 and USD/JPY testing Y80 both key levels. The lack of bounce from the large sell off on Friday makes this move lower potentially dangerous… Read more

U.S. Dollar Trading (USD) the Dollar pared back some of Friday’s gains as US stocks stabilized and bounced into the close. USD/JPY is getting a lot of attention with the very quiet major beginning to stir with daily gains towards the key top side resistance… Read more

U.S. Dollar Trading (USD) the positive mood seen was undone as US stocks slumped dramatically. In the biggest one day fall since June we saw the Dow Jones down over 200 points and the Nasdaq down over 2%. The main catalysts for the move lower… Read more