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
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...
Today’s US Dollar Trading• USD loses ground but attempts a recovery• Stops run• Volumes moderate Overnight Preview• Two-way action likely Looking Ahead to TuesdayAll times EASTERN (-5 GMT)• 10:00am USD ISM Manufacturing Index• 10:00am USD ISM Manufacturing...
Overnight Asia/Europe• USD starts firm, weakens into Europe• Stops triggered on the way down• Traders report good volume Today’s Economic ReportsAll times EASTERN (-5 GMT)• 9:45am USD Chicago PMI Looking Ahead to Tuesday All times EASTERN (-5 GMT)• 10:00am USD ISM Manufacturing...
Today’s US Dollar Trading• USD whipsaws after early sideways start• US data unfriendly to the Greenback• As expected, FOMC holds rates firm Overnight Preview• USD likely to continue to weaken• EURO above resistance Looking AheadAll times EASTERN...
Today’s US Dollar Trading• USD two-way all day• Starts on the offensive—ends on the defensive• GBP and EURO at technical resistance. Overnight Preview• Look for a quiet evening ahead of FOMC Looking AheadAll times EASTERN (-5 GMT)•...
Today’s US Dollar Trading• USD holds gains but flows light• S/R holds as expected• Speculation that the Fed will not move rates capping the USD Overnight Preview• Consolidation likely• Two-way action with a downside bias Looking Ahead...
Overnight Asia/Europe• USD firms a bit• Technical trade and stops drive GBP and EURO• Volumes moderate Today’s Economic ReportsAll times EASTERN (-5 GMT)• None for the dayExpect technical trade for the most part Looking AheadAll times EASTERN...
Today’s US Dollar Trading• USD two-way overnight• Weakens in NY trade• All eyes on US data tomorrow Overnight Preview• Look for the USD to consolidate with a lower tone Looking Ahead to ThursdayAll times EASTERN (-5 GMT)•...
Today’s US Dollar Trading• Overseas data USD negative• USD rally falters in US trade• Volumes lighter Overnight Preview• USD likely to remain technical in nature• Look for more downside pressure Looking Ahead to WednesdayAll times EASTERN (-5...
