USD Trading Outlook Archive

U.S. Dollar Trading (USD) the Dollar was strong for the most of the day as manufacturing PMI’s around the world showed the global outlook was still weak. China HSBC Manufacturing PMI remained under 50 at 47.8 and is the 11th month of contraction. The general… Read more

U.S. Dollar Trading (USD) the Dollar enjoyed small gains overnight with the EUR/USD and OIL/USD leading the currency markets lower. US data was mixed with solid housing data including Existing home sales up 7.8% m/m. Crude Oil inventories showed a major upside surprise and we… Read more

U.S. Dollar Trading (USD) stocks dipped overnight but we found support quickly and the bulls remain in control. The USD was able to hold onto small gains overnight as the EUR/USD led the other majors lower. Traders are still looking to sell the USD however… Read more

U.S. Dollar Trading (USD) weak stock markets prompted commodities to fall back sharply overnight. OIL/USD fell $3 in a very short period from $98 to $95 in what they are calling a ‘flash crash’ for the energy. The SEC is currently investigating the move which… Read more

U.S. Dollar Trading (USD) the positive effects of QE3 were seen for a second day with the US Dollar continuing to be sold aggressively against most currencies. Global Stocks also enjoyed nice gains with European and US stocks both printing new highs. The UoM Consumer… Read more

U.S. Dollar Trading (USD) stocks and commodities roared higher overnight as the FOMC decided to implement QE3 for an open period of time and keep rates exceptionally low until mid 2015. The market was not fully pricing in this dovish and extremely loose monetary policy… Read more

U.S. Dollar Trading (USD) risk appetite remains strong going into the US FOMC meeting decision today with stocks holding near multi week highs. The ECB/FOMC/China monetary policy loosening in recent weeks have really underpinned the global equity rally. Most economists expect the FED to announce… Read more

U.S. Dollar Trading (USD) stock markets continued to rally around the world as the loose monetary policy from China, Europe and US added to investor risk appetite. Moody’s warned on US AAA rating given the looming budgetary issues. House Republican Speaker Boehner commented he was… Read more

U.S. Dollar Trading (USD) stocks pulled back during the European and US Sessions as profit taking kicked in after Friday’s large rally. A weaker than forecast July Consumer Credit number at -3bn vs. +9bn forecast added to the downside weight. Further pullbacks could be seen… Read more

U.S. Dollar Trading (USD) stocks surged on the back of enthusiasm for the ECB Bond Buying plan and growing expectations that the US FOMC meeting Wednesday will deliver QE3. August Jobs came in at 96k vs. 125k. August Unemployment Rate dropped to 8.1% vs. 8.3%… Read more