USD Trading Outlook Archive

U.S. Dollar Trading (USD) with most stock markets still closed on Monday we saw a small push lower in Asia before grinding higher for the rest of the day on the back of bargain hunting. The only data yesterday was Chinese CPI which was higher… Read more

U.S. Dollar Trading (USD) disappointing US Jobs data sent most markets sharply lower with risk taken off the table Friday night. The chances of QE3 increased reversing the post FOMC minutes USD/JPY rally and we saw fresh month lows under Y82. The Euro and Aussie… Read more

U.S. Dollar Trading (USD) the USD enjoyed gains overnight against all currencies except the other safe haven the Japanese Yen. The buying started in Europe after weak Spanish bond auctions saw traders sell the EUR/USD and accelerated in the US session as stock losses mounted… Read more

U.S. Dollar Trading (USD) the USD gained heavily overnight after the release of the February FOMC Meeting minutes pointed to more members moving away from the QE3 support. A strong March Nonfarm Payrolls this Friday would help confirm this and add to the USD strength…. Read more

U.S. Dollar Trading (USD) the USD was under pressure overnight as risk appetite picked up after stronger than expected manufacturing surveys out of China and the US. US ISM Manufacturing rose to 53.4 vs. 52.4 previously. US construction data was weaker than expected falling -1.1%… Read more

U.S. Dollar Trading (USD) the USD gained heavily Friday with the 10yr US Treasury yields moving higher showing market expectations interest rates will increase faster than the Fed is currently indicating. US economic data was mixed with increases to February Personal spending countered by a… Read more

U.S. Dollar Trading (USD) more risk aversion in the European session was reversed in New York as bargain hunters entered the stock market and this helped weaken the USD. News remained negative however so the bounce may be temporary and we might see more USD… Read more

U.S. Dollar Trading (USD) the Dollar strengthened as Commodities slumped led by Gold and Oil reacting to further talk the US might release strategic reserves to help lower Gas prices. Stocks also pulled back and added to the softer investor sentiment. US Durable Goods rose… Read more

U.S. Dollar Trading (USD) the USD took advantage of fresh negative sentiment in the US session to gain across the board with the Bernanke inspired rally on Monday failing to hold into Tuesday trade.A sharp reversal in the US session with US stocks under pressure… Read more

U.S. Dollar Trading (USD) the market had been waiting for clarification from the FED in recent weeks since the rally in Bonds suggested there was a fresh debate on future US monetary policy. The FED Chairman squashed this debate overnight suggesting even more easing is… Read more