U.S. Dollar Trading (USD) the USD gained overnight as the negative European weekend press caused risk aversion and a global stock market sell-off. Some concern is that the failure to pass a Budget in the Netherlands could lead to the large European Country being downgraded… Read more
USD Trading Outlook Archive
U.S. Dollar (USD) Trading Outlook (24-04-2012)
April 24, 2012U.S. Dollar (USD) Trading Outlook (23-04-2012)
April 23, 2012U.S. Dollar Trading (USD) the market sold the USD into the weekend as the EUR/USD recovery extended higher. With little data out the market reacted to news flow from the Eurozone and in particular the increases to IMF funding pledged from G20 which amounted to… Read more
U.S. Dollar (USD) Trading Outlook (20-04-2012)
April 20, 2012U.S. Dollar Trading (USD) the eagerly awaited Spanish Bond auction went off without major drama but the subsequent rally was short-lived as rumors swept the market that France was about to be downgraded. This was quickly discounted and we saw the Euro once again close… Read more
U.S. Dollar (USD) Trading Outlook (19-04-2012)
April 19, 2012U.S. Dollar Trading (USD) most markets fell overnight as the stock markets pulled back on profit taking and the USD was strong against most except the resurgent British Pound. The market is awaiting the Spanish long term bond Auctions today in Europe for direction for… Read more
U.S. Dollar (USD) Trading Outlook (18-04-2012)
April 18, 2012U.S. Dollar Trading (USD) the investor mood brightened again over night after the IMF upgraded global growth forecasts and a Spanish Debt Auction went well. US stock markets soared and were up over 200 points on the Dow at one stage leading the USD to… Read more
U.S. Dollar (USD) Trading Outlook (17-04-2012)
April 17, 2012U.S. Dollar Trading (USD) the market opened weak Monday morning but when support was found going into the European session at the major 1.3000 EUR/USD support we saw a market wide short squeeze. US stocks rallied and the USD was sold as the buyers were… Read more
U.S. Dollar (USD) Trading Outlook (16-04-2012)
April 16, 2012U.S. Dollar Trading (USD) weak Chinese GDP on Friday inspired risk off selling which turned into a Global stockmarket sell off. Adding to the fears was the European debt crisis returning via Spanish debt which climbed back above 6%. The US Consumer Sentiment index fell… Read more
U.S. Dollar (USD) Trading Outlook (13-04-2012)
April 13, 2012U.S. Dollar Trading (USD) risk was off the table on Friday in Asian trade as the China GDP reversed the positive momentum for a second day of gains from US markets overnight. The Q1 GDP came in at 8.1% vs. 8.3% forecast and rumours of… Read more
U.S. Dollar (USD) Trading Outlook (12-04-2012)
April 12, 2012U.S. Dollar Trading (USD) FED speak Yellen hit the airwaves playing down speculation the FED will stop supporting the US economy anytime soon. Fed Speak from Lockheart suggested more bond buying was an option from the central bank and this combined with Yellen to reverse… Read more
U.S. Dollar (USD) Trading Outlook (11-04-2012)
April 11, 2012U.S. Dollar Trading (USD) traders sold heavily on Tuesday with the weak US jobs numbers combining with increasing European Bond Yields. Fears are rising that the Debt crisis might storm back into the markets with Spanish and Italian budgets both under pressure and recessions forecasted… Read more