The USD saw a bearish trading session yesterday. Although no economic data was released with an impact, the USD was mostly affected by speculations. Impacting the greenback was the wary economic outlook from a Federal Reserve official...
oday’s US Dollar Trading •G8 Summit begins•USD gives back early gains•Technical trade dominates Overnight Preview •Expect two-way action with the USD to cover a lot of the same ground again Looking Ahead to TuesdayAll times EASTERN (-5 GMT)•8:00am...
Overnight Asia/Europe •G8 Summit begins•USD rallies•Crude Oil lower Today’s Economic ReportsAll times EASTERN (-5 GMT)•None in the US Looking AheadAll times EASTERN (-5 GMT)•8:00am USD Fed Chairman Bernanke Speaks•10:00am USD Pending Home Sales•10:00am USD Wholesale Inventories
The USD appreciated against all of the major currencies during yesterday’s trading session. The US Dollar gained over 160 points versus the EUR and closed at a rate of 1.5702. This happened in spite of the mostly...
Today’s US Dollar Trading• The Greenback whipsaws, ends weaker• EURO holds 1.5800 handle with conviction• Volumes lighter Overnight Preview• Traders look for a quiet evening ahead of Thursday• Expect volatility Looking Ahead to ThursdayAll times EASTERN (-5...
Yesterday the USD saw bearish trends against most of its major currency counterparts. The USD fell 34 points vs. the Euro, setting the EUR\USD rate at 1.5794. The USD also depreciated against the GBP, and underwent a...
Today’s US Dollar Trading• USD loses ground but attempts a recovery• Stops run• Volumes moderate Overnight Preview• Two-way action likely Looking Ahead to TuesdayAll times EASTERN (-5 GMT)• 10:00am USD ISM Manufacturing Index• 10:00am USD ISM Manufacturing...
Overnight Asia/Europe• USD starts firm, weakens into Europe• Stops triggered on the way down• Traders report good volume Today’s Economic ReportsAll times EASTERN (-5 GMT)• 9:45am USD Chicago PMI Looking Ahead to Tuesday All times EASTERN (-5 GMT)• 10:00am USD ISM Manufacturing...
Today’s US Dollar Trading• USD whipsaws after early sideways start• US data unfriendly to the Greenback• As expected, FOMC holds rates firm Overnight Preview• USD likely to continue to weaken• EURO above resistance Looking AheadAll times EASTERN...
Today’s US Dollar Trading• USD two-way all day• Starts on the offensive—ends on the defensive• GBP and EURO at technical resistance. Overnight Preview• Look for a quiet evening ahead of FOMC Looking AheadAll times EASTERN (-5 GMT)•...
