USD Trading Outlook Archive

The US dollar (USD) produced losses versus a basket of currencies as Core Durable Goods Orders disappointed while Unemployment Claims were slightly improved. The highlight today is the 2nd quarter advance GDP release due at 12:30 GMT. Versus the Canadian dollar (CAD), the US dollar… Read more

U.S. Dollar Trading (USD) stocks around the world enjoyed a solid relief rally overnight and EUR/USD sellers booked profit on short trades leading to USD weakness across the board. Weak June Home Sales at 350k vs. 369k previously added to mounting speculation the FED will… Read more

U.S. Dollar Trading (USD) little respite was seen yesterday on the markets with more stock losses and increased safe haven demand for the USD. Spanish and Italian Yields continued to soar and the EU officials stated that Greece was badly off target in implementing austerity… Read more

U.S. Dollar Trading (USD) the market was shaken yesterday by the collapsing confidence in Spain’s ability to fund its own debt. Spanish and Italian authorities announced a short selling ban on banks to try and stem the rout but this had limited effect and it… Read more

U.S. Dollar Trading (USD) Yields on Spanish 10 year debt leapt above 7.3% on Friday in what is being dubbed ‘Black Friday’ in the Spanish Debt Crisis. Risk aversion spread like wildfire throughout the markets with 10yr US debt falling to its lowest Yield on… Read more

U.S. Dollar Trading (USD) the EUR/USD tested resistance above 1.2300 but once again failed to track US stocks higher. The USD lost further ground against other risk currencies with the AUD/USD leading the market higher. Oil in particular is soaring up another $3 a barrel…. Read more

U.S. Dollar Trading (USD) those looking for weakness in the market yesterday were sorely mistaken with US stocks once again rallying and risk currencies gaining against the greenback. Oil moved higher to $90 a barrel and helped the commodity currencies in the CAD and AUD… Read more

The US dollar (USD) produced losses versus a basket of currencies as Fed Chairman Bernanke did not provide clear quantitative easing (QE) hints during his first day of testifying before the Senate. QE may occasionally be used to enhance the money supply by purchasing government… Read more

U.S. Dollar Trading (USD) the market rallied overnight and into Asia on Tuesday with expectations rising that the US central bank Chief Ben Bernanke will hint at more stimulus when he speaks before the senate banking committee. Overnight June Retail Sales fell -0.5% and this… Read more

U.S. Dollar Trading (USD) the USD was sold on Friday as the market reversed higher on the EUR/USD with talks that reforms in Spain were moving along quickly and traders were caught short when large buying emerged. July US Consumer Confidence fell to 72 but… Read more