Currencies Archive

U.S. Dollar Trading (USD) had a volatile day strong in Asia and Europe as risk was &amp lsquo off&amp rsquo while the markets waited for Irish bailout news and China raise banks reserve ratios. The US session reversed sentiment however with stocks turning positive and… Read more

U.S. Dollar Trading (USD) a very large successful GM IPO and positive developments regarding the Irish EU/IMF Bailout. The Mood change began in Asia with stocks then beginning a 24hour global stock market rally. November Philadelphia Fed jumped to 22 vs. 5 forecast. In US… Read more

U.S. Dollar Trading (USD) Quiet but nervous markets yesterday as focus on China tightening and Eurozone bailouts kept traders on the sidelines. US data was weaker than expected with Oct Housing Starts falling -11.7% m/m. October CPI jumped 0.2% m/m whilst Core CPI was flat…. Read more

U.S. Dollar Trading (USD) the Dollar gained across the board as the Chinese stock market plunged and fears of Eurozone bailouts flourished. October Industrial Production gained 0.5% m/m and October PPI jumped 0.4% m/m. The bigger story was the stock market slump however down in… Read more

U.S. Dollar Trading (USD) once again the USD was very strong in Europe as the markets focused on Eurozone sovereign debt contagion. US Stocks reversed direction on the back of strong October retail sales at 1.2% vs. 0.7% forecast m/m. In US stocks, DJIA +9… Read more

U.S. Dollar Trading (USD) a mild G20 statement was trumped by European Debt concerns sending stocks and commodities lower. The USD was the main beneficiary from the European mess although it finished well off highs as Ireland denied bailout talks. In US stocks, DJIA -90… Read more

U.S. Dollar Trading (USD) was on the front foot as risk aversion crept back into the market on continual growing unease with some European countries Debt issues. The G20 has failed to produce much as of yet but markets are watching closely for any friction… Read more

U.S. Dollar Trading (USD) was stronger against most pairs as the risk appetite waned and stocks came under pressure in the Europe before rebounding later in the US session. Weekly Jobless Claims beat expectations at 435k vs. 456k previously. US September Trade Balance improved to… Read more

U.S. Dollar Trading (USD) strong dollar momentum continued from Monday with stocks and commodities falling sharply towards the end of the day. News that margin requirements would be increased for silver contracts triggered a domino effect throughout the commodities market and currencies. In US stocks,… Read more

U.S. Dollar Trading (USD) managed small gains in most currencies on the back of profit taking in stock markets around the globe. Larger gains were seen against the Euro on negative news regarding the weakness of Irish Banks. In US stocks, DJIA -37 points closing… Read more