Currencies Archive

U.S. Dollar Trading (USD) dollar selling resumed as the market shrugged off the US rating warning to focus on strong investor appetite. March Housing permits increased 11.2% and Housing starts increased 7.2% for a strong rebound from the low February numbers. In US stocks, DJIA… Read more

U.S. Dollar Trading (USD) risk off trading overnight as the US was given a wakeup call from rating agency S&amp P which put the AAA rating on negative watch implying a 1/3 chance of a downgrade in next 2 years. The US Debt situation and… Read more

U.S. Dollar Trading (USD) stocks finished on a strong note after decent US economic data which &nbsp also encouraged US Dollar support. March CPI came in at 0.5% as expected and April NY FED jumped to 21.7 vs. 17.5 previously. In US stocks, DJIA +56… Read more

U.S. Dollar Trading (USD) Weekly Jobless Claims misses with a jump to 412k vs. 380k forecast. Reaction was muted with stocks being bought up on the dip to finish roughly unchanged and this was the story with the USD which closed against most pairs unchanged…. Read more

U.S. Dollar Trading (USD) stocks in the US fell and this helped the USD to strengthen late in New York. Obama revealed a plan to cut the US deficit by 4trn over the next 12 years. US Retail Sales were broadly in line with expectations… Read more

U.S. Dollar Trading (USD) was mixed, losing ground against the Euro and JPY but gaining against most risk currencies as stocks fell around the globe. Concerns about the upgrade of the Japanese Nuclear Crisis to the same level as Chernobyl was the main story. In… Read more

U.S. Dollar Trading (USD) enjoyed gains on the back of risk aversion and profit taking with news of a fresh Japanese earthquake and with Oil slumping sharply on talk of a Libyan ceasefire. Fedspeak from Yellen was still supportive of loose monetary policy. In US… Read more

U.S. Dollar Trading (USD) traders took advantage of the growing monetary policy divide between the US and other developed countries to sell the USD across the board. Adding to the selling pressure was aggressive commodity movement higher. In US stocks, DJIA -29 points closing at… Read more

U.S. Dollar Trading (USD) some risk aversion kept USD weakness limited with the market reacting to news of fresh aftershocks in japan and Oil moving above $110 on continued middle eastern fears. Weekly Jobless Claims we good at 382k vs. 392k previously. In US stocks,… Read more

U.S. Dollar Trading (USD) we on the back foot ahead of the key ECB meeting as the market pushed to year highs on many pairs. US stocks traded at 2 year highs, and this helped USD/JPY to remain strong. A new story that could potential… Read more