USD Trading Outlook Archive

U.S. Dollar Trading (USD) stocks around the world registered massive gains overnight as the ECB embarked on its on QE style intervention in the bond market. US S&P 500 traded at fresh 4 year highs and we saw very strong ADP Employment numbers at 201k… Read more

U.S. Dollar Trading (USD) the Dollar was soft overnight as markets reacted to rumors that the ECB was about to announce unlimited bond purchases at the ECB Meeting. The EUR/USD shot up to 1.2600 and we are once again in danger of disappointment if Draghi… Read more

U.S. Dollar Trading (USD) US stocks were weak yesterday after August ISM Services PMI fell to 49.6 vs. 50.0 forecast. Most of the damage was done however with the USD gaining against most pairs and has so far held onto those gains. Focus has switched… Read more

U.S. Dollar Trading (USD) holiday affected trade saw subdued trading in the US session but the EUR/USD did have another attempt at 1.2600 with risk appetite remaining strong in Europe. There is a heavy slate of data releases this week from the US ending with… Read more

U.S. Dollar Trading (USD) the Bernanke Speech failed to inspire the markets with the FED Chief supporting more action by the central bank but failing to outline the specific timeline. The market sold stocks initially but then over the day we saw steady buying in… Read more

U.S. Dollar Trading (USD) the Dollar was stronger overnight on the back of mild risk aversion ahead of the Key Jackson Hole Speech today. The market is expecting the FED chief to at least outline the range of options that the US central bank can… Read more

U.S. Dollar Trading (USD) we saw some USD strength overnight as commodities including Gold and Oil fell during the US session. Moves were relatively small though with many traders sitting on the sidelines ahead of the Jackson Hole Speech tomorrow. US Pending house Sales gained… Read more

U.S. Dollar Trading (USD) with little movement in stocks, traders used headlines from Europe for most of the day’s movement. EU President Van Rompuy backed the ECB and reiterated that the EU was ready to act on Spain’s Bank Sector but no additional Aid had… Read more

U.S. Dollar Trading (USD) the markets had a quiet day on Monday with UK away on Bank holiday and a small rally in Europe reversed later in the US session. Some positivity is coming through on the Greece front with hopes of some flexibility towards… Read more

U.S. Dollar Trading (USD) talk of a temporary Greek exit led to USD strength on Friday with the EUR/USD reversing back to 1.2500. US stocks did manage to bounce off lows however as the US FED Chief sent an open letter to congress reiterating the… Read more