USD Trading Outlook Archive

U.S. Dollar Trading (USD) the USD enjoyed gains from Euro led selling overnight but we also saw Yields on long Term US debt start to move higher and this is getting attention as they have been at historical lows lately and any move higher will… Read more

U.S. Dollar Trading (USD) strong US data helped reverse profit taking seen in the European session yesterday and stocks closed higher in the US and this positivity has continued into Asia trade so far Thursday. US Q2 Nonfarm Productivity at 1.6% vs. 1.4% and Q2… Read more

U.S. Dollar Trading (USD) a relatively quiet day on the markets with some positive and negative news keeping most pairs in tight ranges. The big move was seen in the USD/JPY which moved up to Y78.75 as US Yields creeping higher. Bernanke spoke on the… Read more

U.S. Dollar Trading (USD) the markets opened strong in Asia but the inevitable profit taking took place in the European session were we saw day highs for the USD. There was little news or economic data however and the Yields on Spanish and Italian bonds… Read more

U.S. Dollar Trading (USD) July Nonfarm Payrolls came in stronger than expected at 160k vs. 100k and this helped stocks and an already positive investor mood continue into the weekend. The USD was sold aggressively with the strong jobs numbers not seen strong enough to… Read more

U.S. Dollar Trading (USD) the market was full of positive expectations going into the ECB press conference and the USD was on the back foot as the EUR/USD shorts were squeezed to day highs scared they would be caught on the wrong side of the… Read more

U.S. Dollar Trading (USD) the first of three big risk events this week overnight with the US FOMC Meeting resulting in no change to the US interest rates. The FED kept rates at 0.25% and the USD immediately rallied as traders read the statement and… Read more

U.S. Dollar Trading (USD) the EUR/USD pivoted the 1.2300 level but most other pairs lost ground against the USD which benefited from profit taking. The major risk event tonight is the US Interest Rate meeting where some change to the Federal Reserve monetary policy statement… Read more

The US dollar (USD) produced gains versus a basket of currencies ahead of the Federal Open Market Committee (FOMC) statement release due tomorrow. The ADP Employment report and the ISM Manufacturing Purchasing Managers Index (PMI) prints, also due tomorrow, will capture market participants attention. Versus… Read more

U.S. Dollar Trading (USD) although there are still plenty of doubts remaining about the new Eurozone measures yet to be announced optimism won out in the end on Friday and we saw fresh week highs on the EUR/USD into the weekend. US Q2 GDP met… Read more