U.S. Dollar Trading (USD) the positive momentum continued into Asia and Europe but stocks in the US failed to extend the recent rally as Greece negotiations staggered along and profit takers emerged. There was no major data out overnight with the market relative quiet ahead… Read more
USD Trading Outlook Archive
U.S. Dollar (USD) Trading Outlook (09-02-2012)
February 9, 2012U.S. Dollar (USD) Trading Outlook (08-02-2012)
February 8, 2012U.S. Dollar Trading (USD) stocks moved higher in the US session after hitting day lows in Europe on fears Greece may not reach a debt deal. The mood brightened on reports that negotiations were continuing and that Greece politicians have agreed to fresh austerity measures.
U.S. Dollar (USD) Trading Outlook (07-02-2012)
February 7, 2012U.S. Dollar Trading (USD) stocks pared back some of the Jobs data with Greece missing the deadline for a deal and extending talks to avoid a default amongst warnings from the rest of Europe to find a solution. Traders continued to buy on pull backs… Read more
U.S. Dollar (USD) Trading Outlook (06-02-2012)
February 6, 2012U.S. Dollar Trading (USD) stock markets enjoyed some solid gains on the back of the January’s NonFarm Payrolls surging to 243k vs. 170k forecast and the Unemployment rate falling to 8.3% from 8.5%. The USD was not sold off as usual but instead able to… Read more
U.S. Dollar (USD) Trading Outlook (03-02-2012)
February 3, 2012U.S. Dollar Trading (USD) the sentiment remained positive in the markets overnight but little happened in the market overnight with traders still waiting on final details if the Greece debt deal and the major risk event of the week in the market the January US… Read more
U.S. Dollar (USD) Trading Outlook (02-02-2012)
February 2, 2012U.S. Dollar Trading (USD) the US Dollar was on the back foot as stock markets surged on improvement in manufacturing surveys around the globe. January Chinese Manufacturing PMI jumped to 50.5 vs. 49.8 forecasts, UK PMI jumped to 52.1 vs. 49.7 previously and finally the… Read more
U.S. Dollar (USD) Trading Outlook (01-02-2012)
February 1, 2012U.S. Dollar Trading (USD) news in Asia that ‘significant progress’ had been made in the Greece debt negotiations spurred a risk on rally that continued into Europe. The US session saw a reversal of the stock markets and risk appetite after economic data missed expectations…. Read more
U.S. Dollar (USD) Trading Outlook (31-01-2012)
January 31, 2012U.S. Dollar Trading (USD) the mood darkened in Europe and we saw most pairs follow the Euro lower to the benefit of the USD. The biggest concern was the fresh Greece conflict this time between Germany demanding more oversight of the Greece budget and the… Read more
U.S. Dollar (USD) Trading Outlook (30-01-2012)
January 30, 2012U.S. Dollar Trading (USD) the Dollar selling continued on Friday from the surprise FOMC statement to extend Interest rates at near record lows until 2014. Q4 GDP was weaker than expected 2.8% vs. 3.0% forecast and added to the profit taking in US stocks seen… Read more
U.S. Dollar (USD) Trading Outlook (27-01-2012)
January 27, 2012U.S. Dollar Trading (USD) stocks rallied in Europe but some weak US housing data prompting a reversal in the New York session on profit taking across the markets. December New Home Sales fell -2.2% vs. a 2.3% forecast. The weekly jobless claims came in near… Read more