Author: forexpros.com

Today’s US Dollar Trading •    USD extends ranges in some pairs, volumes light after fix•    Majors hold important S/R•    Stops likely waiting on either side of the market

Today’s US Dollar Trading •    USD ends mixed, S/R holds in two-way action•    Stops noted in both directions intraday•    Traders on G-20 watch ahead of ECB Thursday

Today’s US Dollar Trading •    USD holds gains after a stop-driven rally to highs•    Majors hold key support on the dip, large names buying•    Technical traders likely in control ahead of US data

Overnight Asia/Europe •    USD firms overnight, stops drive a lot of trade•    US rejects GM and Chrysler deal, equities fade•    Traders continue to trade fear ahead of G-20

Today’s US Dollar Trading •    USD ends mixed after violent session•    Traders confused over Geither remarks•    GBP fails to follow EURO higher, USD/JPY near lows

Today’s US Dollar Trading •    Early USD strength fades after London fix•    Stops noted driving trade from smaller accounts•    Two-way action and technical trade dominate, more likely

Overnight Asia/Europe •    USD mixed in two-way trade•    Traders note mostly technical action, some stops seen•    Majors retain a bid tone into New York

Today’s US Dollar Trading •    FOMC announces QE, agrees to buy US Debt•    Majors rally hard past most key resistance•    Volumes likely higher

Today’s US Dollar Trading •    USD remains two-way after early strength•    Some pairs reverse to flirt with highs•    Large stops still out of range

Today’s US Dollar Trading •    NY Fed index weaker, housing data flat•    Stops in range driving some trade•    Likely some profit taking seen by USD shorts