U.S. Dollar Trading (USD) continued weakness in the European session was reversed as the stock market rally stalled and focus on Portugal took some of the steam out of the EUR/USD rally. Oil Continued to press higher on Concerns the Libyan crisis may extend for… Read more
USD Trading Outlook Archive
U.S. Dollar (USD) Trading Outlook (23-03-2011)
March 23, 2011U.S. Dollar (USD) Trading Outlook (22-03-2011)
March 22, 2011U.S. Dollar Trading (USD) was under pressure against all currencies except the Yen as markets around the world extended Friday&rsquo s rally. Oil spiked higher on Monday morning after the Libyan bombing by allied forces to enforce a no fly zone over the weekend. February… Read more
U.S. Dollar (USD) Trading Outlook (21-03-2011)
March 21, 2011U.S. Dollar Trading (USD) played in to the hands of co-ordinated central bank efforts to intervene on recent Yen record highs, as well as proposed Libyan Ceasefire agreement on Friday sent a bout of risk orientated buying frenzy during Asia. The Group of seven nation&rsquo… Read more
U.S. Dollar (USD) Trading Outlook (17-03-2011)
March 17, 2011U.S. Dollar Trading (USD) markets swung widely yesterday with a 5% bounce in Asian stocks reversing in the European and US sessions and the Dow Jones Crashing over 200 points. In late trade after the US close the USD/JPY broke to fresh all time lows… Read more
U.S. Dollar (USD) Trading Outlook (16-03-2011)
March 16, 2011U.S. Dollar Trading (USD) an extremely volatile day in the markets began with massive selling in the Asian session on fear of a nuclear meltdown in Japan resulting the third biggest fall in history on the Nikkei. The USD and YEN both found support from… Read more
U.S. Dollar (USD) Trading Outlook (15-03-2011)
March 15, 2011U.S. Dollar Trading (USD) stock markets around the world reacted to the 5%+ fall in Japanese stocks but the USD was on the back foot as the EURO helped most pairs to rally for a second day. Today the FOMC meet and this will be… Read more
U.S. Dollar (USD) Trading Outlook (14-03-2011)
March 14, 2011U.S. Dollar Trading (USD) the Dollar finished softer in a big event day as the stock market was able to rebound higher Friday. News of a Major earthquake in Japan hurt sentiment in late Asia but the market was impressed by a new Euro group… Read more
U.S. Dollar (USD) Trading Outlook (11-03-2011)
March 11, 2011U.S. Dollar Trading (USD) heavy stock market losses helped the Dollar to safe haven strength across the board. Weekly Jobless Claims disappointed at 397k vs. 369k previously. Oil fell back on heavy profit taking but spiked higher near the US close on rumors of Saudi… Read more
U.S. Dollar (USD) Trading Outlook (10-03-2011)
March 10, 2011U.S. Dollar Trading (USD) struggled to find strength for a second day of gains and closed roughly unchanged against most currencies. Oil pulled back on profit taking but remains volatile and closely linked to middle east violence. In US stocks, DJIA -1 points closing at… Read more
U.S. Dollar (USD) Trading Outlook (09-03-2011)
March 9, 2011U.S. Dollar Trading (USD) in a rare move the USD strengthened even as Stocks rose around the world after concerns about the Eurozone flared up once again. Oil reversed direction on rumors Gaddafi would step down and OPEC was considering a special meeting. In US… Read more