Weekly

02/04/07 last week’s currency trading review The Dollar experienced a volatile week with the threat of the sub-prime mortgage market still overshadowing the US economy. With New Home Sales coming in weaker than expected, the housing sector continued to be a point of issue. Federal Reserve Chairman Bernanke made mention… read more

26/03/07 last week’s currency trading review The Dollar experienced a volatile week with the threat of the sub-prime mortgage market still overshadowing the US economy. As a result the USD began the week reaching three-month lows against a basket of currencies. Undoubtedly the highlight on the economic calendar for the… read more

19/03/07 last week’s currency trading review The Dollar had a relatively interesting week with plenty of the focus attended to the default crisis in the sub-prime mortgage market. With the number of defaults increasing substantially added to the concerns of former Federal Reserve chairman Greenspan echoing thoughts of a spread… read more

12/03/07 last week’s currency trading review The Dollar experienced a relatively heavy data week beginning with Non-manufacturing ISM released on Monday. The actual figure was released at 54.3 down on the expected 57.5. On Thursday, the highlight of US Treasury Secretary Paulson trip to Asia was his address to the… read more

05/03/07 last week’s currency trading review The Dollar experienced a heavy data week with the general trend surrounding a slowing of the US economy. Beginning with the Durable goods coming in softer than expected on Tuesday with the markets expecting a -2.8% the actual figure was much worse at -7.8%… read more

26/02/07 last week’s currency trading review The Dollar experienced a light data week as markets were closed on Monday following President’s day. As a result markets experienced plenty of sideways trading. Wednesday proved to be the key day for the US with the release of the Core CPI for the… read more

19/02/07 last week’s currency trading review The Dollar experienced a very heavy data week post G7 summit, as normality resumed across markets. Trade Balance was released on Tuesday with the deficit further widening to -61.18 bln from the previous -58.20 bln. The trend continued throughout the week, with the volume… read more

12/02/07 last week’s currency trading review The Dollar experienced a light data week with plenty of focus surrounding the G7 summit held on the 9th &amp 10th of February in Essen, Germany. In US specific data Non-Manufacturing ISM was released on Monday with the figure coming in at 59 higher… read more

last week’s currency trading review The Dollar experienced a heavy week with plenty of economic data being made public. Initially a quiet beginning to the week, a significant increase was seen on Wednesday with the GDP (up 0.5%), Chicago PMI, and the much anticipated FOMC rate decision (unchanged) being released…. read more

12/12/06 last week’s currency trading review The Dollar started the week on soft footing but managed to end the week stronger due to better than expected payrolls. The Euro closed last week at 1.3286 having started the week at 1.3350. As expected the ECB raised rates to 3.5%, however Trichet… read more