USD Trading Outlook Archive

U.S. Dollar Trading (US) a shocking ADP jobs report combined with a slump in the US manufacturing ISM to send stocks down over 2%. May ADP private payrolls at 38k vs. 177k previously. May ISM Manufacturing dropped to 53.3 vs. 60.4 previously. In US stocks,… Read more

U.S. Dollar Trading (US) stock markets rallied around the world but the reaction in FX markets was mixed. Highs in Europe on most majors came under profit taking and the USD finished well off lows. USD/JPY and USD/CHF provided a lot of support. In US… Read more

U.S. Dollar Trading (US) a largely non eventful day with many markets closed for holidays. Early Asia Tuesday we had reports of a sentiment shift from Germany in regards to helping Greece which saw a sharp spike higher in the EUR/USD. In US stocks, closed… Read more

U.S. Dollar Trading (US) remained under pressure with rising stocks and easing European fears helping encourage most majors higher. USD/CHF hit all-time lows with the Swiss strengthening on a combination of relative safety and USD weakness. May UoM increased 1.9 points to 74.3. In US… Read more

U.S. Dollar Trading (US) both data releases disappointed with US Q1 GDP unchanged at 1.8% and Weekly Jobless Claims creeping higher to 424k vs. 400k forecast. Stocks dipped but ended higher with a large rally towards the end of the day. In US stocks, DJIA… Read more

U.S. Dollar Trading (US) stock markets rebounded and commodities added to Tuesday&amp rsquo s gains even with weak US data. April Durable Goods fell -3.6% vs. +4.1% previously. The Dollar gave up most of the week&amp rsquo s gains except against the Yen. In US… Read more

U.S. Dollar Trading (US) stocks weakened in the US session under pressure from weak Chinese and European PMI surveys. The ongoing European debt crisis and the subsequent Euro selling is leading to USD strength across the board. In US stocks, DJIA -130 points closing at… Read more

U.S. Dollar Trading (US) stocks weakened in the US session under pressure from weak Chinese and European PMI surveys. The ongoing European debt crisis and the subsequent Euro selling is leading to USD strength across the board. In US stocks, DJIA -130 points closing at… Read more

U.S. Dollar Trading (USD) risk aversion spread throughout the market on concerns that Greece will default despite the official line that everything was fine. Fitch downgraded Greece to B+ noting that any debt profiling/restructuring would result in a default. In US stocks, DJIA -93 points… Read more

U.S. Dollar Trading (USD) wind was taken out of the risk rallies sail last night after mixed US data. Weekly Jobless Claims were positive falling to 409k vs. 438k previously. Existing homes sales fell -0.8% to 5.05m in April. May Philly Fed Index fell sharply… Read more