Currencies Archive

U.S. Dollar Trading (US) the negativity accelerated around the world with Protests in Greece turning Violent and the Greek PM offering to resign. US Stocks fell aggressively and US Data stunned to the downside. June NY FED dropped to -8 vs. 12 previously. In US… Read more

U.S. Dollar Trading (US) sentiment improved in Asia with stronger than expected Chinese data and a rally in Japanese Stocks helping start a Global rally. US S&amp P 500 rallied the most in 2 months with US May Retail Sales better than forecast at -0.2%… Read more

U.S. Dollar Trading (US) most risk assets popped higher late in the US session on the back of bank stocks rallying. The further downgrade of Greece produced little reaction in the market with most of Europe and Asia on Holiday. In US stocks, DJIA +1… Read more

U.S. Dollar Trading (US) ended the week on the front foot after stocks markets notched up 6 straight weeks of losses. Fresh selling was instigated by weak Chinese export numbers which cast a fresh cloud of concern about the health of the global economy. Dollar… Read more

U.S. Dollar Trading (US) stock markets rallied for the first time in seven sessions with bargain hunters entering the market. April Trade Balance improved sharply to -43.7bn vs. -48bn forecast. Weekly Jobless Claims at 427k vs. 426k previously. In US stocks, DJIA +75 points closing… Read more

U.S. Dollar Trading (US) stocks continued to edge lower around the world with sentiment remaining weak. The USD was stronger on pullbacks in the Euro but lost ground against the Yen and Oil. With QE3 winding down concerns on the outlook for the US economy… Read more

U.S. Dollar Trading (US) US stocks continued to fall overnight with the weak Jobs data continuing to dampen sentiment. This Dollar gained through safe haven buying with risk assets sold including commodities. Fed Member Fisher commented QE3 would require very high hurdles to activate. In… Read more

U.S. Dollar Trading (US) US stocks continued to fall overnight with the weak Jobs data continuing to dampen sentiment. This Dollar gained through safe haven buying with risk assets sold including commodities. Fed Member Fisher commented QE3 would require very high hurdles to activate. In… Read more

U.S. Dollar Trading (US) the May unemployment missed on Friday with +54k vs. +232k previously and the Unemployment rate increasing to 9.1% vs. 9.0% previously. The market initially bought the USD on the back of the weak numbers with stocks slumping but when news of… Read more

U.S. Dollar Trading (US) despite no reversal in stock markets the USD came under heavy selling pressure on a combination of negative news and weak US data. Moody&rsquo s warned that the US could be put on negative review if the debt ceiling issue is… Read more