U.S. Dollar Trading (USD) stocks, commodities and most risk assets rose overnight as the FED showed optimism and fears over European debt subsided further. The FOMC Minutes showed the US central bank still believes a moderate recovery is underway and inflation will moderate. In US… Read more
USD Trading Outlook Archive
U.S. Dollar (USD) Trading Outlook (19-05-2011)
May 19, 2011U.S. Dollar (USD) Trading Outlook (18-05-2011)
May 18, 2011U.S. Dollar Trading (USD) was under pressure as the market sold on concerns about US debt and weak US data. April Industrial Output at 0.7% vs. 0.8% m/m. April Housing Starts at 523k vs. 589k previously in a disappointing print. In US stocks, DJIA -68… Read more
U.S. Dollar (USD) Trading Outlook (17-05-2011)
May 17, 2011U.S. Dollar Trading (USD) US stocks finished lower and this helped the USD recover from selling in Europe after the EUR/USD led a bounce. May NAHB Housing Market Index Remained at 16 and underscores the ongoing weakness. In US stocks, DJIA -47 points closing at… Read more
U.S. Dollar (USD) Trading Outlook (16-05-2011)
May 16, 2011U.S. Dollar Trading (USD) heavy stock market selling and more analysts joining the downside call helped the USD to fresh month highs on Friday. The commodities led correction has been in play for most of the week and more downside is seen with Fresh IMF… Read more
U.S. Dollar (USD) Trading Outlook (13-05-2011)
May 13, 2011U.S. Dollar Trading (USD) the USD hit month highs on slumping Oil and pullbacks in most majors. Weekly Jobless Claims were at 434k vs. 474k previously. April US retail Sales increased to 0.5% vs. 0.4% previously m/m. In US stocks, DJIA +65 points closing at… Read more
U.S. Dollar (USD) Trading Outlook (12-05-2011)
May 12, 2011U.S. Dollar Trading (USD) Oil led the commodity sector lower and Equities also fell giving the Dollar a bullish tone. March Trade Balance weakened to a 48.2bn Deficit in March. Many analysts are cautioning the market correction could still have room to run and as… Read more
U.S. Dollar (USD) Trading Outlook (11-05-2011)
May 11, 2011U.S. Dollar Trading (USD) lost ground as bulls took back control and lifted stocks, commodities and most FX majors higher. The market found support from solid Chinese trade data and news of a major M& A deal. US Imports Prices increase 2.2% m/m to 11.1%… Read more
U.S. Dollar (USD) Trading Outlook (10-05-2011)
May 10, 2011U.S. Dollar Trading (USD) was mixed gaining against most currencies courtesy of the Euro weakness but lost ground against commodities which all recovered. Stock markets rallied around the world with bargain hunters taking advantage of the recent pullback. In US stocks, DJIA +45 points closing… Read more
U.S. Dollar (USD) Trading Outlook (09-05-2011)
May 9, 2011U.S. Dollar Trading (USD) ended the week volatile with good April Non Farm Payrolls helping most markets to rally and the safe haven USD was sold. The pick up is risk appetite was short-lived however on rumors Greece was contemplating leaving the Eurozone. April Non… Read more
U.S. Dollar (USD) Trading Outlook (06-05-2011)
May 6, 2011U.S. Dollar Trading (USD) a combination of dovish ECB and crashing commodities helped the USD surge yesterday in a major reversal of fortunes. Weekly Jobless Claims soared to 474k vs. 410k forecast and created an air of uncertainty about the strength of the US job… Read more