U.S. Dollar Trading (US) the Dollar was on the front foot yesterday with risk aversion present in both Equities and Commodities. The strength was pared back in the US session however with hope of a Greece deal and US debt Ceiling debate still ongoing. In… Read more
USD Trading Outlook Archive
U.S. Dollar (USD) Trading Outlook (19-07-2011)
July 19, 2011U.S. Dollar (USD) Trading Outlook (18-07-2011)
July 18, 2011U.S. Dollar Trading (US) data was weak with June CPI falling -0.2% vs. -0.1% previously and July UoM Consumer Sentiment falling to 63.8 vs. 71.5 previously. The European Bank stress tests dominated the European session but generated little market movement with exhaustion setting in ahead… Read more
U.S. Dollar (USD) Trading Outlook (15-07-2011)
July 15, 2011U.S. Dollar Trading (US) decent us economic data with June Retail Sales at 0.1% vs. -0.1% forecast and Weekly Jobless Claims at 405k vs. 427k previously. The Dollar consolidated Wednesday& rsquo s losses to end higher with comments from Bernanke paring back expectations of QE3… Read more
U.S. Dollar (USD) Trading Outlook (14-07-2011)
July 14, 2011U.S. Dollar Trading (US) a lot going on in dramatic trading yesterday with the USD under pressure across the board on comments from Bernanke stating he is prepared to step in and help the economy if Job growth   weakens and inflation remains low. This… Read more
U.S. Dollar (USD) Trading Outlook (13-07-2011)
July 13, 2011U.S. Dollar Trading (US) a wild day of trading ended with the USD little changed after massive gains in the European session were reversed and the FOMC Minutes talked QE3. Stocks ended down at the close after Moody& rsquo s downgraded Ireland in a negative… Read more
U.S. Dollar (USD) Trading Outlook (12-07-2011)
July 12, 2011U.S. Dollar Trading (US) fear crept into the markets Monday causing another heavy sell off in global stocks with focus on Italy and money flooding out of the European debt markets. This Combined with the high Chinese CPI data saw investor sentiment very weak globally…. Read more
U.S. Dollar (USD) Trading Outlook (11-07-2011)
July 11, 2011U.S. Dollar Trading (US) markets opened negative on Monday as Chinese inflation data added to the weak lead from the June NonFarm Payrolls on Friday. The USD gained on the back of safe haven demand with fresh EU debt concerns adding another layer of fear…. Read more
U.S. Dollar (USD) Trading Outlook (08-07-2011)
July 8, 2011U.S. Dollar Trading (US) was able to gain after some strong economic data helped offset the usual &lsquo risk on&rsquo Dollar selling we see when stock markets rally. June Private ADP Jobs Reports surged +157k vs. +68k forecast and bodes well for tonight&rsquo s all… Read more
U.S. Dollar (USD) Trading Outlook (07-07-2011)
July 7, 2011U.S. Dollar Trading (US) was on the front foot as mild risk aversion spread throughout the market and the EUR/USD slumped in a delayed reaction to the Portugal downgrade the night before. June ISM Services dropped to 53.3 vs. 54.6 previously. China also increased Interest… Read more
U.S. Dollar (USD) Trading Outlook (06-07-2011)
July 6, 2011U.S. Dollar Trading (US) a mixed day in the markets with positive Asian and European sessions reversed in the US after Portugal was downgraded 4 notches in an aggressive move by Moody& rsquo s. The losses were modest however with many traders happy to buy… Read more