USD Trading Outlook Archive

U.S. Dollar Trading (USD) the market bought the USD on mild risk aversion for the first half of the day before reversing late in the day after the FOMC minutes. China raised Interest rates by 0.25% and Portugal was downgraded by one notch by Moody&rsquo… Read more

U.S. Dollar Trading (USD) range bound trading was seen in most markets with FX no exception and many pairs kept to 50 pips ranges during the day. The USD benefitted from profit taking after the heavy selling on Friday. Stock ended slightly up with positive… Read more

U.S. Dollar Trading (USD) a strong NFP print of +216k vs. +190k forecast, helped the USD to strengthen immediately after release but this was reversed by dovish comments from FED Dudley. Dudley commented that &lsquo stronger recovery not a reason to reverse course on policy&rsquo… Read more

U.S. Dollar Trading (USD) stocks ended slightly lower in the US session but commodities were very strong with Oil up above $106 a barrel. Weekly Jobless Claims were consistent at 388k vs. 394k ahead of tonight&rsquo s NFP data. In US stocks, DJIA -30 points… Read more

U.S. Dollar Trading (USD) The weak USD theme continued with investors searching for riskier trades with higher returns. The High Yielding Aussie hit all time highs as stock markets continue to push higher. March ADP Employment was solid at 201k vs. 203k previously. In US… Read more

U.S. Dollar Trading (USD) was still on the back foot as stock markets remained strong with traders ignoring weak US data. January Case Shiller house prices fell -3% y/y as the downtrend continued. February Consumer Confidence dropped to 63.4 vs. 72 previously on the sharp… Read more

U.S. Dollar Trading (USD) with stock markets doing little to open the week the FX market looked to differing central bank outlooks for inspiration. Oil fell back on rebel advancement in Libya and this encouraged a third day of gold profit taking. February Pending Home… Read more

U.S. Dollar Trading (USD) stocks markets continued to rally on strong economic data with Q4 GDP revised to 3.1% vs. 2.8% previously. Also helping the USD was hawkish comments from FED member Plosser that rates would have to rise in the not too distant future…. Read more

U.S. Dollar Trading (USD) ended the day substantially lower after initially gaining on the back of Euro weakness. Weekly Jobless Claims fell to 382k vs. 387k previously in a continuation of strong US Jobs data. US Durable Goods were weak at -0.9% m/m. In US… Read more

U.S. Dollar Trading (USD) the USD was able to make small gains as the Euro and GBP came under pressure. February New Home Sales plummeted keeping in line with other weak Housing data. Stocks were able to make small gains as investors still remain bullish…. Read more