Currencies Archive

U.S. Dollar Trading (US) most markets remained quiet overnight with the highlight the Swiss national bank&rsquo s lack of Currency intervention which sent EUR/CHF from 115 to 112. Stocks in the US ended unchanged with an early rally pared back into the close. In US… Read more

U.S. Dollar Trading (US) disappointing economic growth from the Eurozone saw weakness flow through across global markets with stocks pulling back in Europe and US. US July Housing Starts fell -1.5% m/m and July Industrial Production gained 0.9% vs. 0.5% forecast. In US stocks on… Read more

U.S. Dollar Trading (US) stocks extended gains on Monday with some positivity coming back into most markets. EUR/CHF continue to rally on short covering with the SNB now set to meet on Wednesday in what could be a watershed moment for the safe haven currency…. Read more

U.S. Dollar Trading (US) some calm on Friday with the market remaining positive and trading on most pairs subdued compared to the violent moves seen in the past week. USD/CHF continued to move higher as the market reacted to Swiss intervention talk. In US stocks… Read more

U.S. Dollar Trading (US) sentiment turned positive and global markets enjoyed a sharp rally which began in Asia and ended with US stocks up over 4%. Weekly Jobless Claims improved to 395k vs. 402k previously. June Trade Balance widened to -53bn vs. -48bn forecast. In… Read more

U.S. Dollar Trading (US) US stocks tumbled 500 points as concerns about French banks led to market wide panic and a reversal of the positive rally the day before. Gold surged to fresh record highs and banking stocks around the world came under heavy pressure…. Read more

U.S. Dollar Trading (US) the panic in the markets was caught and relief flooded in after the FOMC statement stated interest rates would be held low for at least 2 years. The defined time period help create investor confidence and the Dow Jones rallied 600… Read more

U.S. Dollar Trading (US) the market could not shrug off the negativity from the US rating downgrade and New York stocks fell 400 points in the last 2 hours of trade leaving traders stunned and cautious. Risk was taken off the table from Oil to… Read more

U.S. Dollar Trading (US) extreme volatility gripped the market on Monday as traders reacted to the S&amp P downgrade for US long-term debt. The historic downgrade sent US stock futures down 300 points at the Asian open but this has been largely reversed as we… Read more

U.S. Dollar Trading (US) we saw more volatility during the day with heavy stock selling reversed to let US markets finish positive for the first time in 2 weeks. July ISM Services slipped to 52.7 vs. 53.8 previously. ADP Employment at 114k vs. 100k forecast…. Read more