Currencies Archive

U.S. Dollar Trading (USD) fresh year highs in US Equities sent the dollar down again across the board. US economic data was very mixed with Weekly Jobless Claims jumping to 410k (vs. 383k previously) being offset by the large spike in February Philly Fed Index… Read more

U.S. Dollar Trading (USD) with stock markets being well supported on dips and risk sentiment remaining strong the Dollar was on the back foot for most of the day. FOMC Minutes showed some improvement on the economic growth outlook but concerns still remain on unemployment…. Read more

U.S. Dollar Trading (USD) stocks markets fell in response to weaker than expected January US retail sales at 0.3% vs. 0.6% forecast. The Dollar has been rallying now for 3 days and could extend gains if key levels on the USD/JPY and the EUR/USD are… Read more

U.S. Dollar Trading (USD) a quiet open the week with stock markets remaining strong but FX markets less interested in selling the USD in response. China&amp rsquo s January Trade Surplus showed a sharp contraction as imports surged 51%. In US stocks, DJIA -5 points… Read more

U.S. Dollar Trading (USD) stocks markets enjoyed a positive close as news spread that Egyptian President Mubarak would be stepping down and tensions in the Arab state eased. Oil moved back on the news after the commodity received support in recent weeks due to the… Read more

U.S. Dollar Trading (USD) an impressive drop in weekly jobless claims to 3 year lows at 383k vs. 419k previously inspired a dollar rally throughout the markets. Stock markets also took a breather and this added to the USD buybacks in most major FX pairs…. Read more

U.S. Dollar Trading (USD) Fed Chief Bernanke&rsquo s Speech before lawmakers offered little new to the outlook for US monetary policy with his concerns about the US unemployment situation still remaining his major focus. US stocks fell back in a slight profit taking session. In… Read more

U.S. Dollar Trading (USD) was mixed with gains on the back of a Chinese rate increase during the European session reversed when the US session shrugged off the news, pushing to fresh highs in the stock market and weakening the dollar. In US stocks, DJIA… Read more

U.S. Dollar Trading (USD) risk appetite remained strong as stock markets pushed fresh highs but the USD was able to maintain strength as selling in Asia was bought back hard in the European session. Helping the Dollar rally was the sharp drop in Oil on… Read more

U.S. Dollar Trading (USD) was stronger on a surprise sharp drop in the January Unemployment Rate to 9.0% vs. 9.4% previously. The Nonfarm payroll rise was only 36k vs. 145k forecast but this was put down to bad weather in January. In US stocks, DJIA… Read more