USD Trading Outlook Archive

U.S. Dollar Trading (USD) lack of conviction was the main story in the markets yesterday with a brief rally in Asia and Europe reversing later in the US session with stocks closing slightly negative. The notable exception was Gold which broke to fresh year highs… Read more

U.S. Dollar Trading (USD) the positive market reaction seen after the Greece debt deal was announced in Asia failed to extend in the European and US sessions as profit takers used the 3 year highs to cash out of the recent rally. The bulls were… Read more

U.S. Dollar Trading (USD) the market opened sharply higher on Monday morning after weekend news that China had cuts its RRR by 0.5% and EU ministers had good chance of approving the next loan package to Greece at their Monday meeting. US Dow jones futures… Read more

U.S. Dollar Trading (USD) the market opened sharply higher on Monday morning after weekend news that China had cuts its RRR by 0.5% and EU ministers had good chance of approving the next loan package to Greece at their Monday meeting. US Dow jones futures… Read more

U.S. Dollar Trading (USD) a dramatic day of trading saw the EUR/USD test the major 1.3000 level before reversing sharply to 1.3150 on news that Greece expects the Eurogroup to approve its loan on Monday. This combined with good US data after weekly jobless claims… Read more

U.S. Dollar Trading (USD) the Dollar has enjoyed a good 24 hours of strength as risk aversion spreads from the Eurozone to global stock markets. Only Oil is bucking the trend with war drums growing louder for a military strike on Iran’s Nuclear facilities. The… Read more

U.S. Dollar Trading (USD) volatility dominated the markets yesterday with the Moody European downgrades causing risk aversion in Asia and this rolled into the US session after economic data missed expectations. January Retail Sales came in at 0.4% vs. 0.7% forecast. Markets did bounce off… Read more

U.S. Dollar Trading (USD) the positive mood from the Greece vote faded quickly and we ended well off highs in the US session and the Dollar was on the front foot going into Asia Tuesday morning. When Moody’s downgraded most of Europe after the New… Read more

U.S. Dollar Trading (USD) the Dollar hit day highs on Friday after heavy stock market selling in Asia continued into Europe. The selloff was a combination of profit taking and Greece Austerity vote uncertainty which proved unfounded as the parliament passed the measure Sunday night…. Read more

U.S. Dollar Trading (USD) the market sentiment improved on the Greece announcement that there had been an agreement between the EU/IMF and a new Austerity budget to be now voted on over the weekend. Weekly Jobless Claims fell to 358k and is another solid release… Read more