Currencies The euro (EUR) remains range bound as investors asses future movements. The single currency remains above 1.3681 against the greenback. The British pound (GBP) is rising steadily against the US dollar (USD). The cable looks at testing resistance at 1.6662 as the UK economy… Read more
Currencies Archive
U.S. Dollar (USD) Trading Outlook (28-01-2014)
January 28, 2014U.S. Dollar (USD) Trading Outlook (27-01-2014)
January 27, 2014Currencies The euro (EUR) remained buoyant against the dollar after rising from 1.3530 to 1.3693 before the weekend. The single currency remained range bound since. Today’s events, including the release of US Home sales and German business climate data may act as pivot points for… Read more
U.S. Dollar (USD) Trading Outlook (24-01-2014)
January 24, 2014Currencies The euro (EUR) made a rally yesterday and gained more than 160 pips against the US dollar (USD). The single currency skyrocketed reaching its monthly high at 1.3705 after better than expected manufacturing and services came out from Eurozone. The US dollar (USD) slid… Read more
U.S. Dollar (USD) Trading Outlook (23-01-2014)
January 23, 2014Currencies The euro (EUR) range bound between 1.3515 and 1.3583 against the US dollar (USD) for couple of days. The single currency remains bearish ahead of the European Manufacturing and services PMI due today at 09:00 GMT. The US dollar (USD) advanced recording its weekly… Read more
U.S. Dollar (USD) Trading Outlook (22-01-2014)
January 22, 2014Currencies The euro (EUR) rose up to 1.3579 after dropping down to 1.3515 against the US dollar (USD) during yesterday’s session. The single currency remains under pressure awaiting for more news to come out and in the meantime swings between losses and gains. The US… Read more
U.S. Dollar (USD) Trading Outlook (21-01-2014)
January 21, 2014Currencies The euro (EUR) advanced from its two month low at 1.3507 up to 1.3567 against the US dollar (USD). On the calendar, the German ZEW Economic Sentiment due at 10:00 GMT, anything higher than the expectations may help the pair to move higher and… Read more
U.S. Dollar (USD) Trading Outlook (20-01-2014)
January 20, 2014Currencies The euro (EUR) continued its decline touching its two month low at 1.3507 against the US dollar (USD). The single currency tumbled against the greenback as better US data designate the developments of the US economy. The US dollar strength indicates that the Fed… Read more
U.S. Dollar (USD) Trading Outlook (17-01-2014)
January 17, 2014Currencies The euro (EUR) remained range bound in yesterday’s trading session against the dollar. Support lied at 1.3582 while the pair could not move above 1.3647. Today’s US data releases may help the pair pick up on volatility. The US dollar (USD) has found strong… Read more
U.S. Dollar (USD) Trading Outlook (15-01-2014)
January 15, 2014Currencies The euro (EUR) dropped on yesterday’s trading session against the dollar. The single currency has fallen from 1.3698 to 1.3635 hinting at a reversal of its bullish run. Look ahead for the European trade balance today for news on the continent’s economy. The US… Read more
U.S. Dollar (USD) Trading Outlook (14-01-2014)
January 14, 2014Technical Analysis MNI Reuters News Charts Financial Calendar Dealing Room Video News Inside Viewer™ Trade Controller SMS Alert Service Interest Rates Table Live Currency Rates Currency Rates Matrix World Time The EU Morning Report – Markets edgy ahead of core retail sales – 14 January… Read more