U.S. Dollar Trading (USD) we saw sentiment improve another notch on Friday extending the substantial gains already seen during the week in Stock markets and risk assets. The USD did poorly as demand for the safe haven eased and traders invested their money into higher… Read more
USD Trading Outlook Archive
U.S. Dollar (USD) Trading Outlook (17-10-2011)
October 17, 2011U.S. Dollar (USD) Trading Outlook (14-10-2011)
October 14, 2011U.S. Dollar Trading (USD) the markets consolidated the recent rally overnight pulling back in Europe on profit taking but ending close to the highs in the US as sentiment remained quite positive. Focus as always remains on the Eurozone but there was also some economic… Read more
U.S. Dollar (USD) Trading Outlook (13-10-2011)
October 13, 2011U.S. Dollar Trading (USD) the market began a major rally in Europe overnight as the EU Commission President Barroso presented a roadmap to solve the European Debt Crisis. This combined with news Slovakia has agreed to approve the EFSF. The FOMC minutes overnight also supported… Read more
U.S. Dollar (USD) Trading Outlook (12-10-2011)
October 12, 2011U.S. Dollar Trading (USD) a mixed day saw the USD gain after profit taking was seen on most majors. The big talking points were the failed vote for the EFSF by Slovakia late in the US session and the release of Alcoa Q3 results which… Read more
U.S. Dollar (USD) Trading Outlook (11-10-2011)
October 11, 2011U.S. Dollar Trading (USD) the recovery rally accelerated last night with investors seemingly convinced about the Sarkozy/Merkal announcement to do whatever it takes to save the EU with a &ldquo comprehensive package&rdquo to be announced before November. Banking Stocks led US stocks is a +3%… Read more
U.S. Dollar (USD) Trading Outlook (10-10-2011)
October 10, 2011U.S. Dollar Trading (USD) the market hit day highs on the back of better than expected September Non Farm Payrolls. This positive mood though was trumped into the close by Fitch downgrading Spain and Italy which sent US stocks slightly negative. The USD finished strong… Read more
U.S. Dollar (USD) Trading Outlook (06-10-2011)
October 6, 2011U.S. Dollar Trading (USD) led by a recovery in global banking stocks the markets had another positive day yesterday. The dollar was sold as safe haven demand was pared back. In economic data, September ISM services came in at 53.0 vs. 52.9 forecast and ADP… Read more
U.S. Dollar (USD) Trading Outlook (05-10-2011)
October 5, 2011U.S. Dollar Trading (USD) stock tested new lows and the Dollar new highs for most of the day until a dramatic reversal of sentiment at the end of the US session saw stocks soar and the dollar sold off. The news that sparked the rally… Read more
U.S. Dollar (USD) Trading Outlook (04-10-2011)
October 4, 2011U.S. Dollar Trading (USD) good economic news was overlooked with the market gripped in selling mode. September Manufacturing PMI at 51.6 vs. 50.6 previously. Stocks finished down over 2% with rallies proving short lived. In US stocks, DJIA -258 points closing at 10655, S& P… Read more
U.S. Dollar (USD) Trading Outlook (03-10-2011)
October 3, 2011U.S. Dollar Trading (US) the USD finished the month and the quarter on a strong footing with safe haven demand on fresh risk aversion. Stocks fell heavily in the US session with fears that the debt crisis in Europe is going to drag the US… Read more