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...
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...
Yesterday the greenback regained much needed points against its major currency rivals, amidst another day of falling Crude Oil prices. During mid-day trading, prices for Light Sweet Crude Oil dropped to 6 week lows below $130 per...
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.
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
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...
