USD Trading Outlook Archive

U.S. Dollar Trading (USD) the mood soured overnight in the US session and into Wednesday’s Asian session as rhetoric of the Greece far left politicians suggested the recent bailouts may be torn up and Greece forced to exit the Eurozone. The EUR/USD has broken below… Read more

U.S. Dollar Trading (USD) the markets were under pressure during the Asian session yesterday but the European traders took the weekend election news with more positively and we saw a short covering rally back to Friday levels on most pairs. Stocks in the US were… Read more

U.S. Dollar Trading (USD) the USD was strong against all major except the other safe haven Yen with stock markets crashing on Friday and then again on Monday morning Asia. The main concern on Friday was weaker than expected NonFarm Payrolls from the US in… Read more

The US dollar (USD) appeared strong versus a basket of currencies ahead of the Non-Farm Payrolls (NFP) release later today at 12:30 GMT. Following a disappointing ADP employment report – a good forecaster of the NFP – on Wednesday, market participants are growing more bearish… Read more

U.S. Dollar Trading (USD) The mood in the market started to turn sour in the European session as rumors of Italian and Spanish bank downgrades weighed. Also hurting was the jump in EU unemployment rate to the highest in the Unions history. The US session… Read more

U.S. Dollar Trading (USD) the dollar soared overnight as the April ISM came in better than expected and we saw stocks hit multi year highs in the US session and the US Dollar strength. The USD/JPY was notable breaking back above Y80 and is being… Read more

U.S. Dollar Trading (USD) the USD rebounded today against most risk currencies yesterday as stocks pulled back on profit taking sparked by weak economic data. April Chicago PMI fell to 56.2 vs. 62.2 previously in a dramatic fall in manufacturing confidence back to 2009 levels…. Read more

U.S. Dollar Trading (USD) the ‘risk on’ mood continued Friday with stocks gaining for a 4th day even as economic data was mixed. Q1 GDP fell to 2.2% vs. 3.0% previously but stocks did not take this too negatively in fact it supports the view… Read more

U.S. Dollar Trading (USD) had a mixed day Thursday with US stocks well supported on impressive company results while the EUR/USD was under pressure after Spain was downgraded. Weekly Jobless Claims were a little weaker pushing up to 388k vs. 375k. Looking ahead, Q1 GDP… Read more

U.S. Dollar Trading (USD) the USD was sold post FOMC overnight with the maintaining its easy monetary policy with a slight upgrade to forecasts. Overall the FOMC meeting was very supportive for markets and weak for the USD going forward. Fridays Q1 US GDP report… Read more