USD Trading Outlook Archive

U.S. Dollar Trading (US) smaller than expected declines in the US August Chicago PMI at 56.5 vs. 53.5 forecast has led to many suggesting the US Manufacturing PMI will not be as bad as expected. ADP Employment change at 91k vs. 102k forecast. In US… Read more

U.S. Dollar Trading (US) stocks finished higher although after hours price action has been weak going into Asia. The main reason for the strong close for US stocks was the FED minutes which showed QE3 or some other easing was on the table even as… Read more

U.S. Dollar Trading (US) stocks continue to pick up with hurricane Irene avoiding heavy damage and weekend speculation in the press that more FED easing will be on the way if the US economy falters. In US stocks on Friday, DJIA +254 points closing at… Read more

U.S. Dollar Trading (US) the keenly anticipated Bernanke speech was the main event and although he did not mention QE3 the sharp sell off immediately afterward did not last. Bernanke talked up the FED having a range of tools to provide additional monetary stimulus and… Read more

U.S. Dollar Trading (US) Stocks were down in another change of direction with sentiment fickle and once again testing support on many major currency pairs. Weekly Jobless Claims pushed up to 417k vs. 408k previously but is still stable. In US stocks on Friday, DJIA… Read more

U.S. Dollar Trading (US) the market was in two minds yesterday with stocks rallying and supporting the USD with a sharp pullback in Gold. An increase in 10yr US Treasury yields on tempering expectations from Bernanke&amp rsquo s speech on Friday is also supporting the… Read more

U.S. Dollar Trading (US) sentiment improved overnight with a large rally in US stocks over expectations that the US Fed Chairman Bernanke will announce new measures on Friday to help the economy recover. While QE3 is the simple choice traders are also talking of more… Read more

U.S. Dollar Trading (US) despite being up 2% at the open US stocks closed flat and inspired risk currencies to give up intraday gains. Gold broke above $1900 in late US trade with the market relentless from demand for safe haven investments. In US stocks… Read more

U.S. Dollar Trading (US) global stocks continue to weaken into the weekend with sentiment remaining very fragile. Hopes for a relief rally are under pressure with most of the gains seen last week pared back on Thursday and Friday. In US stocks on Friday, DJIA… Read more

U.S. Dollar Trading (US) global stocks fell sharply yesterday with weak US data and concerns about European banks. Aug Philly fed shocked at -30 vs. 3.2 and sent shockwaves throughout the market as the very weak number signals a potential recession. The dollar gained against… Read more