USD Trading Outlook Archive

U.S. Dollar Trading (USD) a weak HSBC Chinese PMI print for March at 48.1 vs. 49.6 previously added to the developing concern that the world’s largest manufacturer was slowing down faster than expected. US Weekly Jobless Claims came in better than expected at 348k vs…. Read more

U.S. Dollar Trading (USD) a very quiet day on the markets with little fresh news to inspire direction. US stocks came under slight pressure as investors locked in profits from the recent rally and the USD/JPY was the main mover down with the Yen crosses… Read more

U.S. Dollar Trading (USD) the USD was mixed yesterday with the FED Chairman Bernanke avoiding making a splash with his speech yesterday disappointing the hawks by avoiding commenting on the timeline of US rates and instead stating the economic outlook remains challenging. US housing starts… Read more

U.S. Dollar Trading (USD) the USD was sold for a third day with some comments from NY FED Member Dudley that downside risks to the US economy were ‘meaningful’ including high Oil prices and Housing recession. The US March NAHB Housing Index was steady at… Read more

U.S. Dollar Trading (USD) the recent dollar strength reversed overnight with the Euro and AUD finding support and the moves in the US long term interest rates settling down. Since last Friday’s nonfarm payrolls bond traders have been pricing in the increase of the US… Read more

U.S. Dollar Trading (USD) the recent dollar strength reversed overnight with the Euro and AUD finding support and the moves in the US long term interest rates settling down. Since last Friday’s nonfarm payrolls bond traders have been pricing in the increase of the US… Read more

U.S. Dollar Trading (USD) the USD is gaining across the board even as US stocks continue to rally in what could be the start of a game changing trend. The safe haven status of the US Dollar has meant it would usually be sold when… Read more

U.S. Dollar Trading (USD) the USD eased against the Euro with stocks finding support after falling in Asia and the investors shrugging off the Chinese trade deficit shock instead focusing on positive developments in Europe and US. USD/JPY is in focus today with the BOJ… Read more

U.S. Dollar Trading (USD) a lot was happening on Friday although the initial enthusiasm for the Greece success failed to push US stocks significantly higher and even strong Jobs numbers failed to inspire fresh risk taking. The USD was able to strengthen significantly however with… Read more

U.S. Dollar Trading (USD) the dollar struggled as optimism overflowed overnight and traders dumped the safe haven and for riskier currencies. The risk rally began in Asia on speculation that Greece will get the required PSI involvement in its debt swap deal and later when… Read more