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...
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...
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,...
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...
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...
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,...
Today’s US Dollar Trading• USD two sided, ends flat-to-mixed• Reverses early weakness• Traders waiting for tomorrow’s data Overnight Preview• Expect consolidation. • USD likely to range trade on light volumes ahead of data tomorrow Looking Ahead to...
Yesterday, The USD briefly extended its decline vs. the EUR for the first time in three days after Oil prices hit a record high at more than $120 a barrel. High commodity prices are only exacerbating an...
Today’s US Dollar Trading • Major pairs two-way, end stronger• Volumes light due to minor holidays• USD ends near lows Overnight Preview• Look for more two-way and consolidation trade Looking Ahead to Tuesday All times EASTERN (-5 GMT)•...
Last Friday, the greenback continued gaining all across the board against the major currencies. The EUR/USD pair fell for the first time in six weeks below the psychological level of 1.5400, closing the trading session at the...
