Currencies Archive

U.S. Dollar Trading (USD) in an action packed day of trading we saw risk appetite take a hit after the US GDP surprised forecasters coming in -0.1% q/y for Q4. US stocks fell sharply but the USD struggled especially against the Yen and Gold. Later… Read more

U.S. Dollar Trading (USD) risk assets gained overnight at the expense of the Dollar after US Q4 company earnings continued to beat estimates. S&P500 rallied to fresh five year highs ahead of the FOMC rate decision later today. The recent run of good economic data… Read more

U.S. Dollar Trading (USD) the Dollar remained on the front foot with economic data improving out of the world’s largest economy. December Durable Goods gained 4.6% vs. 1.7% previously. Interest rates responded immediately with 10yr Yields gaining above 2%. The FOMC meeting this week will… Read more

U.S. Dollar Trading (USD) the USD had a mixed end to the week losing ground against the Euro but enjoying solid gains against the Yen with USD/JPY breaking above Y90 and testing Y91 by the end of the New York session. The USD is benefitting… Read more

U.S. Dollar Trading (USD) US stocks continued their rally extending to fresh 5 year highs with all time highs on the horizon. Adding to optimism was a drop in US initial Jobless Claims to 330k vs. 360k forecast. US 10yr Bond Yields increased to 1.85%… Read more

U.S. Dollar Trading (USD) company earnings from the US are becoming more important with most beating estimates overnight with the notable exception of Apple which has fallen 10% in after hours trade so far. Dow Jones still managed small gains however with the US house… Read more

U.S. Dollar Trading (USD) traders really earned their pips yesterday with some tremendous movement in the currency markets. In Asia the BOJ decision to target a 2% inflation target sent the USD/JPY briefly above Y90 but the market had been expecting most of what they… Read more

U.S. Dollar Trading (USD) trading was very quiet on Monday ahead of the Bank of Japan rate meeting today. A lot of the sharp equity rally in recent weeks has been on the back of promises from the new Japanese PM to weaken the Yen…. Read more

U.S. Dollar Trading (USD) US stocks closed at fresh 2013 highs but the US Dollar was not sold off as usual but gained across the board. EUR/USD and GBP/USD led the market lower with both having negative news on the day. January UoM Consumer Confidence… Read more

U.S. Dollar Trading (USD) the Dollar was mixed overnight with stock markets surging to fresh highs after strong Weekly jobs data. Weekly Jobless Claims can in at 336k vs. 371k previously a very large drop historically and a good sign for the US economy. Profit… Read more