USD Trading Outlook Archive

U.S. Dollar Trading (USD) risk was taken off the table on Tuesday with the EUR/USD falling to 16 month lows on rumors that France was going to receive a downgrade and comments from Fitch that the ECB must purchase troubled European bonds to avoid a… Read more

U.S. Dollar Trading (USD) sentiment improved and US stocks moved to fresh 5 month highs after rating agencies affirmed Frances AAA rating which was a relief to cautious sidelined investors. With little US economic data traders instead looked to company earnings which so far have… Read more

U.S. Dollar Trading (USD) the USD gave up gains from the Asian session and weakened by the end of the day as stocks continued to hold up well despite the ongoing EU debt crisis. Little fresh news was released with the markets still waiting on… Read more

U.S. Dollar Trading (USD) better than expected US NonFarm Payrolls at 200k vs. 150k did little to reverse the negative market sentiment coming out of Europe and stocks closed negative. The Unemployment Rate dropped to 8.5% vs. 8.7% forecast as more people stopped looking for… Read more

U.S. Dollar Trading (USD) stocks dipped in Asia and in Europe as risk aversion crept higher on European banking fears. The US session saw some stabilization and recovery in stocks into the close. The USD did not reverse gains against the Euro however with sentiment… Read more

U.S. Dollar Trading (USD) was strong on the back of renewed risk aversion in the Euro area banking sector overnight. Stock markets still managed small gains as economic data supported with factory orders gaining 1.8% vs. 1.7% previously. In US stocks, DJIA +21 points closing… Read more

U.S. Dollar Trading (USD) the Dollar was sold in all sessions yesterday as Global stock markets rallied and economic data improved. December ISM Manufacturing jumped to 53.9 vs. 52.7 previously. The FOMC Minutes were also released and continued to support the view interest rates would… Read more

U.S. Dollar Trading (USD) even though FX markets were open the important London markets were closed and many stocks markets remained closed. Better than expected Chinese PMI released on Monday saw December PMI upgraded to 50.3 above the 50 expansion level and has helped improve… Read more

The US dollar lost ground on Friday against a basket of currencies in thin trade. Optimism that the US economy is improving was boosted after economic data showed Pending Home Sales, Consumer Confidence, Housing Starts, Building Permits and Existing Home Sales rose more than expected…. Read more

U.S. Dollar Trading (USD) was stronger against most pairs in Europe’s after Italy’s bond Auction failed to stop yields remaining at 7%. The sentiment improved during the US session and the dollar gave up some of it gains with bargain hunter snapping up stocks from… Read more