Category: Daily Forex Reports

Today’s US Dollar Trading •    USD falls on long-liquidation•    Stops noted in all pairs•    Volumes better

Today’s US Dollar Trading •    USD starts weaker, stops drive majors higher•    Upside resistance holds and the majors drop hard•    Volumes high on the move

Today’s US Dollar Trading •    Two-way action due to equities•    Traders note USD feels neutral•    EURO makes lows late

Lately the dollar is gaining a bullish momentum overseas as investors are buying more of the safest U.S. assets as the global economy enters a recession. Overseas investors bought a net $27.2 billion of U.S. assets in...

Today’s US Dollar Trading •    USD falls after early strength, stops drive trade•    Equities rally lifts EURO•    Volumes remain light

Overnight Asia/Europe •    G-20 fails to inspire the USD bulls•    Majors initially weaker then reverse into New York•    Japan data benign

The U.S. Treasury Department announced changes to the $700 billion Dollar financial system bailout. The revised financial bailout plan sparked investor’s fears that the U.S. plan to restore liquidity and reduce the lock-up in credit markets is...

Today’s US Dollar Trading •    USD holds gains despite thin conditions•    Equities fail to advance, oil rallies but fades•    China news not enough to inspire confidence

Overnight Asia/Europe •    Equities firmer overnight; underpin EURO•    China announces stimulus plan, USD falls•    Commodities higher also helping the Majors

Today’s US Dollar Trading •    US data shows more contraction, equities rally•    USD hit hard but drop may be temporary•    All eyes turn to election results