U.S. Dollar Trading (USD) markets entered into a quiet range bound consolidation on Friday as traders digested Thursday Rally and the EU bailout. US Data showed Consumer sentiment improving throughout October is a promising sign for the struggling US economy. In US stocks, DJIA +22… Read more
USD Trading Outlook Archive
U.S. Dollar (USD) Trading Outlook (31-10-2011)
October 31, 2011U.S. Dollar (USD) Trading Outlook (28-10-2011)
October 28, 2011U.S. Dollar Trading (USD) US traders jumped upon the European rally extending for one of the largest rallies on record with most banks +10% as EU debt fears eased. Q3 GDP came in as forecast at 2.5% annualized and this further helped sentiment in the… Read more
U.S. Dollar (USD) Trading Outlook (27-10-2011)
October 27, 2011U.S. Dollar Trading (USD) volatility was evident in the market Wednesday before the announcement of a Greek debt deal during the start of the Asian session Thursday sparked a major rally. The response was broadly positive and could be the main story of the rest… Read more
U.S. Dollar (USD) Trading Outlook (26-10-2011)
October 26, 2011U.S. Dollar Trading (USD) stocks reversed sharply today on concerns that some disunity was appearing at the EU summit between France and Italy. In US data, October CB Consumer Confidence dropped to 39.8 its lowest level since 2009. US House prices fell 3.5% y/y in… Read more
U.S. Dollar (USD) Trading Outlook (25-10-2011)
October 25, 2011U.S. Dollar Trading (USD) the markets extended gains overnight with improving investor sentiment after positive EU developments and more talk of QE3 from NY FED&rsquo s Dudley. Earlier in Asia we saw the China PMI come in strong at 51.1 vs. 49.9 previously and this… Read more
U.S. Dollar (USD) Trading Outlook (24-10-2011)
October 24, 2011U.S. Dollar Trading (USD) most markets finished higher with & lsquo risk on& rsquo into the weekend on expectations of progress at the EU summit. The USD was under broad pressure with USD/JPY slipping to fresh all time lows under Y76 and EUR/USD edging above… Read more
U.S. Dollar (USD) Trading Outlook (21-10-2011)
October 21, 2011U.S. Dollar Trading (USD) the market was up and down with conflicting headlines out of Europe concerning the weekend summit could end without a resolution and that it would be pushed back to Wednesday next week. A more positive headline on potential combining of existing… Read more
U.S. Dollar (USD) Trading Outlook (20-10-2011)
October 20, 2011U.S. Dollar Trading (USD) more mixed trading at highs overnight with stocks doing well in the European session but reversing later in the US session with concerns that France and Germany were at loggerheads over certain parts of the Grand Plan bailout. September CPI increased… Read more
U.S. Dollar (USD) Trading Outlook (19-10-2011)
October 19, 2011U.S. Dollar Trading (USD) stocks soared in the last hour of US trade on a UK guardian report that France and Germany had agreed to increase the EFSF to EUR2 Trillion to help safeguard against debt contagion. US Stocks soared and risk appetite picked up… Read more
U.S. Dollar (USD) Trading Outlook (18-10-2011)
October 18, 2011U.S. Dollar Trading (USD) markets came under heavy selling pressure across the board overnight as German Official Seibert cautioned the market about expecting a final solution from this weekend& rsquo s EC Summit. Adding to this was soft earnings from US companies and we saw… Read more