Forexpros.com Daily Analysis
Today’s US Dollar Trading • Equities gain, lifts EURO and USD/JPY• Volumes lighter, stops seen in most pairs• US data mixed but create some optimism
Author: forexpros.com
Forexpros.com Daily Analysis
Overnight Asia/Europe • USD opens flat and two-way in Asia, firms into Europe • Traders note technical action for the most part• Volumes light, stops noted, crosses again active
Forexpros.com Daily Analysis
Today’s US Dollar Trading • USD starts weak and reverses• FOMC announcement initially seen as positive• Stops seen driving trade
Forexpros.com Daily Analysis
Today’s US Dollar Trading • USD starts better in Asia, gives back gains in New York• Some whipsaw seen on light stops and thin conditions• Most eyes focused on FOMC tomorrow
Forexpros.com Daily Analysis
Today’s US Dollar Trading • USD fails to hold overnight gains, Swissy makes lows late• Volumes thinner but better into the lows• Two-way action evident but stops and short-covering drive trade
Forexpros.com Daily Analysis
Today’s US Dollar Trading • USD rallies early; reverses hard after the London fix• Traders note solid two-way flows and good bids in GBP• Volumes a bit better suggesting late shorts active
Forexpros.com Daily Analysis
Today’s US Dollar Trading • USD holds gains amid whipsaw• GBP holds above 1.3900 into the close• Equities drop, volumes light
Forexpros.com Daily Analysis
Overnight Asia/Europe • USD firms as Russians support Ruble• GBP under pressure to new lows• Volumes remain thin ahead of inauguration
Forexpros.com Daily Analysis
Today’s US Dollar Trading • US data neutral to bearish for USD• USD holds gains despite two-way action• Sovereign and semi-official bids seen in EURO
Forexpros.com Daily Analysis
Today’s US Dollar Trading • US Balance of Trade better than expected helps rally USD• Overnight volumes lighter• USD/JPY fails to follow through while other pairs fall