USD Trading Outlook Archive

U.S. Dollar Trading (USD) heavy selling was seen overnight on the back of the worsening EU debt crisis and weak Australian Jobs data. US stocks have fallen for 7 days now and we are reaching some extremely oversold levels so are on the lookout for… Read more

U.S. Dollar Trading (USD) the USD was supported by the lack of enthusiasm in the June FOMC minutes for further monetary stimulus only a few members looking to expand the QE. The market is expecting the FED to do more to help the US economy… Read more

U.S. Dollar Trading (USD) the EUR/USD was sold to fresh lows overnight as the German constitutional court said the process of reviewing Germany’s role in the new ESM could take up to 3 months. There were various official responses hoping the decision came quickly as… Read more

U.S. Dollar Trading (USD) a quiet start to the week encouraged some profit taking and consolidation on most FX pairs. The USD was slightly weak on the day but the trend remains higher. Some FOMC members yesterday suggested that the FED should do more to… Read more

U.S. Dollar Trading (USD) the USD gained on Friday after weaker than expected US jobs increased safe haven demand for the world’s reserve currency. June NonFarm Payrolls came in at 80k vs. 90k forecast. The June Unemployment rate stayed at 8.2%. US stocks fell sharply… Read more

U.S. Dollar Trading (USD) traders were waiting with anticipation for the ECB decision last night and were rewarded with some good volatility to trade. The ECB cut rates by 0.25% but the President Draghi was downbeat on the growth outlook for the EU and further… Read more

U.S. Dollar Trading (USD) July 4th celebrations kept the US session quiet with commodities and stock markets closed. The EUR/USD is continued to be weighed by the expectations of a rate cut today at the ECB meeting. The reaction to a rate cut will depend… Read more

U.S. Dollar Trading (USD) stocks and commodities continued to rally overnight but currencies were quiet with some major risk events ahead. Tomorrow the European Central Bank and the Bank of England have interest rate meetings. US stocks rallied after May Factory Orders gained 0.7% vs…. Read more

U.S. Dollar Trading (USD) some inevitable profit taking occurred on Monday after the dramatic rally on Friday with some doubts on whether the EU plan to use ESM funds to bailout the banks and Spain going to be passed by all the EU members. News… Read more

U.S. Dollar Trading (USD) the USD was under pressure the whole of Friday from the EU announcement in Asia that the ESM Bailout money will be directly able to support European banks. Also any of this fresh money lent to banks will not rank above… Read more