Currencies Archive

U.S. Dollar Trading (USD) stocks and risk assets managed to rally overnight on the back of more QE3 talk from Fed Member Evans who stated he would support more measures to stimulate the economy. The FOMC meeting is next Wednesday and there has been much… Read more

U.S. Dollar Trading (USD) the devil was in the detail or lack of it yesterday with the weekend announcement of a bailout of for Spanish banks failing to help Spanish bonds during the European session. Investors are concerned about who will pay for the bailout… Read more

U.S. Dollar Trading (USD) the news over the weekend that up to E100bn of loans was being set up to bail out Spanish banks helped all risk assets surge higher on Monday. The EUR/USD is above 1.2600 and still strong going into Europe with the… Read more

U.S. Dollar Trading (USD) stocks enjoyed another day of gains even as Fed Chief Bernanke was quiet on QE3 with investors remained upbeat after China cut interest rates to spur slowing growth. Bernanke noted the FED was ready to act if necessary but that rates… Read more

U.S. Dollar Trading (USD) rampant QE3 speculation sent US stocks up over 2% and risk assets soaring overnight with the Bernanke speech today now taking on greater significance. The recent Fedspeak from members of the FOMC has left the door open for more QE3 if… Read more

U.S. Dollar Trading (USD) the markets have opened up strong in Asia with the news that an emergency G7 meeting is to take place later today to focus the Spanish debt crisis. US stocks already are rallying and the USD is giving back gains from… Read more

U.S. Dollar Trading (USD) the markets have opened up strong in Asia with the news that an emergency G7 meeting is to take place later today to focus the Spanish debt crisis. US stocks already are rallying and the USD is giving back gains from… Read more

U.S. Dollar Trading (USD) the market was already in risk off mode going into the US jobs data which shocked to the downside sending the Dow jones over 200 points lower before staging a small recovery for the rest of the session. Traders are beginning… Read more

U.S. Dollar Trading (USD) another trading day in which a small stack rally was reversed and the USD ended strong as we prepare for NFP Friday. The market will be looking to see a bounce in the US jobs in May after two months of… Read more

U.S. Dollar Trading (USD) the USD broke key resistance against most pairs overnight as the Spanish banking crisis nears a tipping point that could see the whole Eurozone spiral into deep recession. The Spanish government is reluctant to accept an EU bailout with the oversight… Read more