USD Trading Outlook Archive

U.S. Dollar Trading (USD) the USD did well as stock markets fell for a third day and safe haven demand for the worlds reserve currency continued to be strong. Very large drops in Oil on the back of OPEC decision to increase production added to… Read more

U.S. Dollar Trading (USD) markets fell in the US session quite heavily with US retail sales weaker than expected and the European crisis rolling on. The FOMC held at 0.25% as widely expected but the statement was mixed with a slight upgrade to the US… Read more

U.S. Dollar Trading (USD) markets went south for most of the day with all three rating agencies unimpressed by the EU summit. The Euro led most markets lower with traders expecting downgrades in the coming days. With little economic data this week the stocks used… Read more

U.S. Dollar Trading (USD) initial reactions to the EU Summit in Asia were negative as disunity emerged between the UK and Europe. The European session saw a dramatic reversal of the sentiment and we managed a rally into the close. US Consumer Confidence rose sharply… Read more

U.S. Dollar Trading (USD) the Dollar was under pressure as the EUR/USD and stocks rallied on the ECB rate cut and good Weekly Jobless claims but then gained heavily as stocks reversed sharply when ECB President Draghi refused to increase the bond buying operations of… Read more

U.S. Dollar Trading (USD) most currencies were very subdued as traders wait for tonight’s main event of the week out in the ECB Rate meeting. Also in the European session we are going to see the EU leaders meet to discuss new ways of integrating… Read more

U.S. Dollar Trading (USD) the USD was strong in the Asian session as the surprise credit watch warning on European states hurt sentiment. The rest of the day saw sentiment improve with increasing expectations that the European leaders will do whatever is needed to get… Read more

U.S. Dollar Trading (USD) the USD was on the back foot for most of the day as the market responded positively to the meeting between Merkal and Sarkozy in which they outlined a new treaty to bring European countries under closer fiscal ties. Stocks pared… Read more

U.S. Dollar Trading (USD) Friday non farm payrolls provided some volatility after the Unemployment rate dropped to 8.6% vs. 9.0% previously inspiring USD strength. US Stocks fell from highs on Friday however as profit taking from the week’s stellar rally overwhelmed the good jobs data…. Read more

U.S. Dollar Trading (USD) remained pressured on Thursday as ISM manufacturing rose from 50.8 to 52.7, coinciding with it strongest reading since June. More so, the after effects of the previous days joint central bank efforts, and the market perception that Fridays Non-Farm Payroll number… Read more