Forexpros Daily Analysis

by forexpros.com | March 19, 2008 6:15 am
Today’s US Dollar Trading • Big news is Fed rate cut, 75 BP• Markets are “disappointed”• USD begins rally Overnight Preview • Look for more USD short-covering and book squaring• Volumes likely to surge if close-in stops hit...

Forexpros Daily Analysis

by forexpros.com | March 18, 2008 2:48 am
Today’s US Dollar Trading • USD takes another plunge on Fed action and liquidity fears• Equities have violent day, end positive• Lots of jawboning for a better USD Overnight Preview • Expect volatility and more rhetoric• Traders expect...

Forexpros Daily Analysis

by forexpros.com | March 13, 2008 7:22 am
Today’s US Dollar Trading • USD gives back Tuesday’s gains• Volumes lighter but sentiment relentless• EURO scores another new high Overnight Preview • Traders expect two-way action• Likely to have downward bias continue Looking Ahead • 7:30 AM...

Forexpros Daily Analysis

by forexpros.com | March 12, 2008 9:14 am
Overnight Asia/Europe • USD initially firmer in Asia, breaks lower in Europe• Traders note stop-driven trade• Demand for EURO from Middle-East accounts noted Today’s Economic Reports • None of note in the US Looking Ahead • All eyes...

Forexpros Daily Analysis

by forexpros.com | March 11, 2008 8:24 am
Overnight Asia/Europe • USD recovers in Asia, falls in late Europe• German ZEW better than expected, EURO rallies to new high• Cable follows EURO higher Today’s Economic Reports • 7:30 AM CDT Balance of Trade forecast -59.5B Looking Ahead • Friday CPI forecast...

Forexpros Daily Analysis

by forexpros.com | March 10, 2008 8:48 am
Overnight Asia/Europe • USD two-sided inside established ranges• Technical trade expected Monday• UK data showing strong inflation Today’s Economic Reports • None of note in the US Looking Ahead • Overnight Tuesday German ZEW sentiment• 7:30 AM CST...

Forexpros Daily Analysis

by forexpros.com | March 6, 2008 2:37 am
Today’s US Dollar Trading • USD has volatile day• US data no help• EURO sets another record high Overnight Preview • Traders are watching ECB closely, expect hawkish rhetoric• Book squaring likely Looking Ahead • ECB and BOE...

Forexpros Daily Analysis

by forexpros.com | March 4, 2008 7:45 am
Today’s US Dollar Trading • USD again on the defense• US data below expectations, helped drive USD lower• Some signs of reversal developing Overnight Preview • USD likely to remain under pressure as it consolidates• Eurozone GDP out...

Forexpros Daily Analysis

by forexpros.com | March 3, 2008 7:37 am
Overnight Asia/Europe • USD two-sided in technical trade• Equities weaker pressuring USD/JPY• Carry trade liquidation seen Today’s Economic Reports • 9:00 AM CST ISM Index forecast 49.0 Looking Ahead • Later in the week: ISM Services, ADP private payrolls, NFP and Housing numbers• Eurozone...

Forexpros Daily Analysis – 28/02/08

by forexpros.com | February 28, 2008 4:53 am
Today’s US Dollar Trading • USD continues decline, EURO at lifetime highs• Durables data worse than forecast• Bernake comments hint at further fed ease Overnight Preview • USD likely to remain on the defense but consolidate• Traders likely...