U.S. Dollar Trading (USD) the dollar extended gains again overnight with strong safe haven demand as the uncertainty and bad news out of Europe continues to roll in. The slow speed at which EU officials are moving to sure up confidence in the market is… Read more
USD Trading Outlook Archive
U.S. Dollar (USD) Trading Outlook (30-05-2012)
May 30, 2012U.S. Dollar (USD) Trading Outlook (29-05-2012)
May 29, 2012U.S. Dollar Trading (USD) a quiet start to the week overnight with most of Europe and America away on Bank Holidays. The positive Greece poll news allowed a risk on rally in Asia but this was quickly reversed as the European Debt crisis rolled on… Read more
U.S. Dollar (USD) Trading Outlook (28-05-2012)
May 28, 2012U.S. Dollar Trading (USD) the USD hit 4 year highs on Friday as the EUR/USD broke through 1.2500 on Spanish concerns and investors flooded into the safe haven. The USD gains heavily from negativity as the only reserve currency that investors can flee too currently…. Read more
U.S. Dollar (USD) Trading Outlook (18-05-2012)
May 18, 2012The US dollar (USD) strengthened against a basket of currencies yesterday sentiment in the market was further hurt by weaker than expected economic figures from the US. Against the safe haven Japanese yen (JPY) the greenback dropped to a three-month low at 79.13 from 80.37… Read more
U.S. Dollar (USD) Trading Outlook (17-05-2012)
May 17, 2012U.S. Dollar Trading (USD) risk off selling continued into Europe yesterday but support was found and we saw good rebounds in most markets from Gold to the Euro. US data was strong with April Industrial Production rising 1.1% vs. -0.6% previously m/m. US Stocks closed… Read more
U.S. Dollar (USD) Trading Outlook (16-05-2012)
May 16, 2012The US dollar (USD) appeared strong versus a basket of currencies as Retail Sales grew at a slower pace and Business Inventories decreased in April. The seemingly constant threat of Greek leaving the eurozone and its potential domino impact, heightened risk aversion and favored risk… Read more
U.S. Dollar (USD) Trading Outlook (15-05-2012)
May 15, 2012U.S. Dollar Trading (USD) Stocks and risk assets were sold all day yesterday with the Greece political talks seen doomed to fail and investors waiting on the sidelines waiting the fallout. Traders talk that rating agencies are also reviewing the situation and the impact on… Read more
U.S. Dollar (USD) Trading Outlook (14-05-2012)
May 14, 2012U.S. Dollar Trading (USD) the markets have opened mixed on Monday with the risk off trading during Friday continuing but with very little follow-through selling. The China RRR rate cut over the weekend is supporting we could see a reversal of fortunes if stock markets… Read more
U.S. Dollar (USD) Trading Outlook (11-05-2012)
May 11, 2012U.S. Dollar Trading (USD) the market stabilized overnight quiet for most of the day before suddenly after the US close JPMorgan announced surprised running losses from its risk management division. The US futures have dropped -0.7% in after hour’s trade and the AUD/USD risk sensitive… Read more
U.S. Dollar (USD) Trading Outlook (10-05-2012)
May 10, 2012U.S. Dollar Trading (USD) the Greece tragedy continued overnight with little progress made in the post-election negotiations. European sovereign bond yields started to rally and we saw the Spanish 10 Yr rise above 6% in a return to the debt crisis. Stocks feel for a… Read more