Volatile Expected a Mixed Heavy News Day

by ForexCycle.com | May 15, 2008 7:45 am
Yesterday the greenback had a volatile trading session against its major currency rivals. It underwent contrasting trends vs. the EUR and the GBP and was bullish vs. the JPY. The main news from the US economy revolved...

Forexpros.com Daily Analysis – 15/05/08

by forexpros.com | May 15, 2008 3:25 am
Today’s US Dollar Trading •USD rallies ahead of News, lacks follow-through•Majors on S/R volumes low•Sovereign names seen selling USD Overnight Preview •A round of book-squaring likely Looking Ahead to ThursdayAll times EASTERN (-5 GMT)•8:30am USD Empire State Business...

Forexpros.com Daily Analysis – 14/5/08

by forexpros.com | May 14, 2008 5:12 am
Today’s US Dollar Trading • USD extends rally during New York• Flows described as light and disorderly Overnight Preview • Look for book-squaring• USD may have gotten ahead of itself Looking Ahead to WednesdayAll times EASTERN (-5 GMT)•...

Will the U.S. CPI Figures Support USD Recovery?

by ForexCycle.com | May 14, 2008 4:14 am
The USD strengthened throughout yesterday’s trading and as a result of mostly positive economic releases; it saw a day long bullish trend. Although the USD did lose momentum on Monday, yesterday it gained strength against most of...

US Retail Sales on Tap

by ForexCycle.com | May 13, 2008 2:55 am
The USD lost steam from last week’s strengthening vs. most of the major currencies as investors continued to feed their risk appetite, leading the higher-yielding commodity currencies higher. The greenback also weakened amid renewed concerns that the...

Forexpros.com Daily Analysis – 13/05/08

by forexpros.com | May 13, 2008 1:18 am
Today’s US Dollar Trading • USD opens mixed, ends lower• Technical levels hold gains in check• Stops in range Overnight Preview• Look for two-way action to continue• Technical trade likely Looking Ahead to Tuesday All times EASTERN (-5...

Another Volatile USD Session Ahead

by ForexCycle.com | May 12, 2008 8:12 am
The Greenback traded with mixed results last week as the turbulent relationship between the USD and the EUR grows even stronger. The oft traded pair saw record highs towards the end of the month of April. Since,...

Forexpros.com Daily Analysis – 12/05/08

by forexpros.com | May 12, 2008 7:20 am
Overnight Asia/Europe • USD opens mixed• Firms into Europe• Sovereign demand seen Today’s Economic ReportsAll times EASTERN (-5 GMT)• None in the US• Treasury Budget during the day Looking Ahead to TuesdayAll times EASTERN (-5 GMT)• 08:30 Export...

The Greenback is Pushing Up Again

by ForexCycle.com | May 8, 2008 6:22 am
Yesterday, the greenback was revived after several days of bearish behavior. Investors seem to have kept faith about the dollar as traders pushed it toward sharp profits versus most of its currency rivals. It has been briefly...

USD’s Bullish Trend Calms Down

by ForexCycle.com | May 7, 2008 2:35 am
Yesterday, the greenback saw mixed results as it was in a bearish trend versus its major currency rivals during the first half of the day. Later on throughout the day it managed to gain some bullish momentum,...