Today’s US Dollar Trading• USD fails to hold gains• Stops run early• Two-way action suggests offers building Overnight Preview• Look for consolidation with a downside bias• USD likely to open lower in New York tomorrow Looking Ahead...
Today’s US Dollar Trading• USD continues to advance but volumes slow• Traders report thin order books• US data today benign Overnight Preview• Look for two-way trade• USD to consolidate Looking AheadAll times EASTERN (-5 GMT)• 10:35am USD...
Yesterday, the Greenback maintained its rally against most of its major currency counterparts following the hawkish comments from the Fed Chairman Bernanke about inflation worries and remarks that short-term interest-rates will likely jump this year. The EUR/USD...
Today’s US Dollar Trading• USD two-way is moderate trade• Majors correct into support but hold firm• US data surprises to the upside Overnight Preview• Look for the USD to trade two-way• Not a lot of news until...
The greenback had a tough trading session last week, which was capped off by a huge bearish slip on Friday. Sparked by a batch of mediocre US data and positive EUR news, the USD saw losses throughout...
Today’s US Dollar Trading• USD reverses from highs overnight, ends mixed• US data neutral to favorable but no follow-through• Volumes lighter as traders are confused Overnight Preview• Traders expect two-way action with the majors to consolidate• Likely...
Yesterday the USD saw bullish momentum against all of its currency pairs. The USD’s value was boosted by Fed Chairman, Bernake’s hawkish speech and the better than expected Factory Orders, which were released at 1.1% compared with...
Today’s US Dollar Trading • USD mixed, US data no help• Stops drive a lot of early trade• S/R broken but the majors bounce back Overnight Preview • USD likely to trade two-way• Consolidation ahead of the news...
Overnight Asia/Europe • USD mixed, volumes modest• UK news disappoints Cable• Technical trade overnight Today’s Economic ReportsAll times EASTERN (-5 GMT)• 10:00am USD ISM Manufacturing Index• 10:00am USD ISM Manufacturing Prices• 10:00am USD Construction Spending m/m Looking Ahead...
Yesterday, the greenback saw bullish trends against most of its major counterparts following positive economic news from the U.S. The EUR\USD was traded as low as 1.5620. The USD was also bullish against the rest of the...
