Currencies Archive

U.S. Dollar Trading (USD) stock markets pulled further back as the middle east turmoil created uncertainty and sent Oil briefly above $107 before pulling back. Also in debate is whether the US QE2 is going to be completed and even if there could be a… Read more

U.S. Dollar Trading (USD) Some very strong Economic data and signals from the ECB that they are close to raising rates sent investor confidence soaring and stock markets posted their biggest gains of the year. Weekly Jobless Claims improved falling to 368k vs. 398k forecast…. Read more

U.S. Dollar Trading (USD) came under selling pressure once again with the downtrend resuming after gains on Tuesday. February ADP employment beat forecasts at 217k vs. 175k expected. Also helping investor sentiment was an upbeat January Beige Book which reported all 12 Fed regions had… Read more

U.S. Dollar Trading (USD) a sharp selloff in US equities sent the Dollar higher against risk assets on fresh save haven demand. Investors though shunned the Dollar vs. other safe haven options with CHF and Gold both gaining heavily. February PMI Manufacturing increased to 61.4… Read more

U.S. Dollar Trading (USD) stock markets rebounded into weekend as Oil fell and risk aversion eased. The main story helping Oil to fall back below $100 a barrel was talk that Saudi Arabia would be able to increase output to compensate the Libyan crisis. Q4… Read more

U.S. Dollar Trading (USD) the market is focused on developments in the middle east with Oil surging $4 a barrel at the start of Europe to above $103 a barrel before reversing for the rest of the day. Rumors that Libyan dictator Gaddafi had been… Read more

U.S. Dollar Trading (USD) stock markets took another leg lower on growing civil war fears in Libya with &nbsp chaos spreading in the middle east. The usual safe haven demand seen for the USD was absent yesterday as investors flooded into the Swiss Franc which… Read more

U.S. Dollar Trading (USD) when the US session opened a sharp sell off was seen in equities which sent the Dollar higher against risk assets on safe haven demands. The middle east turmoil threatens to derail the recent 3 month rally seen in global markets… Read more

U.S. Dollar Trading (USD) holiday trading saw stock futures fall off in the US session on Middle Eastern concerns with Libya in focus with reports of large losses of civilian life. Oil is soaring in response up over $6 a barrel and still climbing. Looking… Read more

U.S. Dollar Trading (USD) the dollar remained weak into the weekend as stocks pushed fresh year highs and Oil and Gold surged. Bernanke spoke before Congress and commented that countries with large trade surpluses (China) should let their currencies rise. In US stocks, DJIA +73… Read more