USD Trading Outlook Archive

U.S. Dollar Trading (USD) plummeted across all majors and commodities as the world’s central banks joined forces to prompt an epic relief rally. Central banks around the globe announced a co-ordinated plan to ensure cheaper dollar funding for European banks in an attempt to thaw… Read more

The US dollar edged lower yesterday as the eurozone officials’ meeting initially resulted in a heightened risk appetite. During the US session the greenback rebounded as risk appetite started to fade and US equities jumped after data showed US Consumer Confidence bounced in November indicating… Read more

The US dollar edged higher against a basket of currencies on Friday supported by a heightened risk aversion in the market. Versus the Japanese yen, the dollar rallied to 77.79 from 77.16. On Monday, Bank of Japan Governor Shirakawa warned that the Japanese economy will… Read more

U.S. Dollar Trading (USD) gained further, trading at multi week highs against a basket of currencies on fears that the Euro debt crisis was deepening, with the viability of Germany and France now under threat. Weekly jobless claims increased to 393K, whilst consumer sentiment in… Read more

U.S. Dollar Trading (USD) maintained its recent buoyancy against a number of majors despite growing as investors continues to express their disappointment at the “super committee” failure to compromise on means in reducing deficit. GDP also failed to boost sentiment being revised lower from 2.5%… Read more

U.S. Dollar Trading (USD) sustained its recent rally as share markets ended the week mixed, and further fears of Eurozone growth continued recent demands for the USD. US leading index rose to 0.9% above expectations of 0.6%, yet that may have been capped with doubt… Read more

U.S. Dollar Trading (USD) gained across a number of majors overnight as US share-markets slumped triggering another bout of flight to safety. With a slate of data showing a decline in productivity (Philly Fed 3.6) and a reading of 388K jobless claims, lowest reading in… Read more

U.S. Dollar Trading (USD) solid economic data from the US sent stocks higher until the last few hours of the session which saw heavy selling from a Fitch warning on US banks. Although the warning was generic and well known the market used it as… Read more

U.S. Dollar Trading (USD) negative sentiment for most of the trading day was reversed in the US session after October Retail Sales came in at 0.5% vs. 0.3% forecast m/m. This is the fifth month that retail sales have come in positive and show the… Read more

U.S. Dollar Trading (USD) sentiment reversed again last night with Italian bond yields once again heading towards 7% and negative headlines out of Europe prompting risk off trade. Also dampening sentiment is a growing trade spat between the US and China as the two superpowers… Read more