U.S. Dollar Trading (USD) the positive risk appetite continued to grow overnight with the ECB not making any mistakes and helped stocks continue to rally. The FOMC minutes halted the rally with some members arguing for less specific dates for raising interest rates in the… Read more
USD Trading Outlook Archive
U.S. Dollar (USD) Trading Outlook (05-10-2012)
October 5, 2012U.S. Dollar (USD) Trading Outlook (04-10-2012)
October 4, 2012U.S. Dollar Trading (USD) quiet trade overnight with the market cautious ahead of major risk events over the next 48 hours. The ECB and the BOE meet tonight and both could cause large movements with some speculation that the BOE will increase QE and that… Read more
U.S. Dollar (USD) Trading Outlook (03-10-2012)
October 3, 2012U.S. Dollar Trading (USD) the market was upbeat overnight but we finished off highs with some disappointing comments from the head of Spain that a bailout was not imminent for his struggling country. The bulls are expecting Spain to formally request help and see this… Read more
U.S. Dollar (USD) Trading Outlook (02-10-2012)
October 2, 2012U.S. Dollar Trading (USD) the markets rebounded as the September Manufacturing ISM increased to 51.5 vs. 51.1 previously. The market was not keen to sell USD on the data and faded a snap move high from Gold to the Euro causing USD demand for the… Read more
U.S. Dollar (USD) Trading Outlook (01-10-2012)
October 1, 2012U.S. Dollar Trading (USD) the Dollar is on the front foot in Asia Monday as concerns about Spain’s hesitancy to formally ask for a bailout adds uncertainty to the future. The EUR/USD is testing fresh lows and stocks are on the back foot. China is… Read more
U.S. Dollar (USD) Trading Outlook (28-09-2012)
September 28, 2012U.S. Dollar Trading (USD) the Dollar was sold across the board overnight with stocks and commodities all enjoying large gains. Sentiment began to improve in Asia with China announcing large liquidity measures and the rally overflowed into Europe where the tough Spanish budget got applause… Read more
U.S. Dollar (USD) Trading Outlook (27-09-2012)
September 27, 2012U.S. Dollar Trading (USD) the Dollar gained in the European session as fears over Spain heated up but the downside was contained and US stocks rebounded. Support for the market will come from a formal request for a bailout from Spain and pressure is being… Read more
U.S. Dollar (USD) Trading Outlook (26-09-2012)
September 26, 2012U.S. Dollar Trading (USD) sentiment turned dramatically negative overnight with stocks in the US falling the most in 3 months as European concerns and QE3 enthusiasm faded. FED Member Plosser was highly critical of the QE3 announced by the FOMC and stated he didn’t think… Read more
U.S. Dollar (USD) Trading Outlook (25-09-2012)
September 25, 2012U.S. Dollar Trading (USD) fresh Chinese slowdown concerns and further negative economic data from Europe and the US hurt global risk appetite yesterday. The selling was contained however and the EUR/USD and AUD/USD kept inside 100 pip ranges comfortably. Looking ahead, July Case Shiller House… Read more
U.S. Dollar (USD) Trading Outlook (24-09-2012)
September 24, 2012U.S. Dollar Trading (USD) a quiet end to the week saw the EUR/USD pivot the 1.3000 level with a lack of fresh direction. The European session saw the day highs for stocks and risk appetite but this was unwound in the US session as profit… Read more