USD Trading Outlook Archive

U.S. Dollar Trading (US) with stock markets closed and little data released, the market was very quiet although profit taking did see the USD on the front foot. The NonFarm Payrolls is the key data release this week and could set the tone for the… Read more

U.S. Dollar Trading (US) the markets all enjoyed solid gains throughout the day, with US data inspiring a fresh push higher. June PMI Manufacturing unexpectedly improved to 55.3 vs. 53.5 previously and forecast of a drop to 51.8. The USD was under pressure against risk… Read more

U.S. Dollar Trading (US) stocks markets lurched higher but most FX pairs ran into profit taking at highs and pulled back after large gains in recent sessions. June Chicago PMI jumped to 61.1 vs. 56.6 previously and bucked the recent trend of poorer sentiment surveys…. Read more

U.S. Dollar Trading (US) the passing of the much anticipated Greece austerity vote encouraged a further extension of the relief rally seen in most markets in the previous two sessions. May Pending Home Sales rose +8.2% vs. -11.6% previously. In US stocks, DJIA +72 points… Read more

U.S. Dollar Trading (US) the Dollar lost more ground with US stocks soaring on increasing optimism that Greece will pass the Austerity budget up for vote today/tomorrow. US data was weak with Apr Case Shiller falling -4.0% vs. -3.9% y/y forecast. Also June CB Consumer… Read more

U.S. Dollar Trading (US) some improving sentiment in European and US stock markets saw the USD give up some of its recent gains against most Currencies and Commodities. May Core PCE Price Index increased 0.3% vs. 0.2% expected and is watched by the US FED… Read more

U.S. Dollar Trading (US) markets continued to be very volatile in the face of plummeting Oil and fresh doubts on the health of Chinese and US economies. Oil fell below $90 a barrel at one point as the IEA stated they would release an extra… Read more

U.S. Dollar Trading (US) some negativity entered the US market after the US FED Chief Bernanke signaled QE2 would end as planned whilst also downgrading forecasts for 2011 and 2012 GDP. QE3 seems off the table for now given Bernanke&amp rsquo s concerns about inflation…. Read more

U.S. Dollar Trading (US) the market continued its jittery recovery with optimism a deal on aid to Greece would be achieved. With little data out the market is looking to the FOMC meeting for clues about future US monetary policy. In US stocks, DJIA +76… Read more

U.S. Dollar Trading (US) most currencies gained against the USD led by a strong rally in the Euro. US stocks made small gains but commodities fell on fears China growth may slow down more than expected. June UoM Consumer Sentiment dropped to 71.8 vs. 74.3… Read more