Daily Analysis – 29/07/08

by | July 29, 2008 1:10 am
Today’s US Dollar Trading• Unusually quiet, little volume• Ranges hold for the most part• No real push either way with any conviction Overnight Preview• Look for more quiet action• Two-way and technical action to continue Looking Ahead to Tuesday All times EASTERN... Daily Analysis – 24/07/08

by | July 24, 2008 9:03 am
Today’s US Dollar Trading • USD regains poise after early break• Oil and equities help the upside• Volumes moderate Overnight Preview • Expect two-way action• USD to consolidate Looking Ahead to ThursdayAll times EASTERN (-5 GMT)• 8:30am USD Unemployment Claims• 10:00am USD Existing Home Sales• 10:00am... Daily Analysis – 23/07/08

by | July 23, 2008 12:13 am
Today’s US Dollar Trading• USD reverses higher after a lower open in New York• Traders note stops and liquidation off the lows• USD/JPY flirts with close above the 200 bar MA Overnight Preview• Look for the USD to consolidate• Two-way action ahead...

USD Continues To Be Under Pressure

by | July 21, 2008 3:41 am
When glancing back at a weekly chart several months from now, one will look at the change in the market last week and consider it a normal one. The greenback ended the trading week last week virtually...

UK and Eurozone news push those lower

by | July 14, 2008 7:09 am
Overnight Asia/Europe •USD two-way•UK and Eurozone news push those lower•Technical trade likely to continue Today’s Economic ReportsAll times EASTERN (-5 GMT)•No reports due on MondayNo real news until PPI on Tuesday. daily analysis 10-07-2008

by | July 10, 2008 1:12 am
Today’s US Dollar Trading    •USD remains two-way, volumes thin•Majors hold support, USD fails late in the day•Equities and Energies in focus due to lig•ht data

Volatile Trading Leads to Major Sell-Off for the USD

by | July 8, 2008 4:03 am
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...

The Daily Analysis 08-07-2008

by | July 8, 2008 3:50 am
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... daily analysis

by | July 7, 2008 8:20 am
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