Overnight Asia/Europe •USD weakens further•IFO better-than-expected•MPC votes 8-1 to keep rates unchanged Today’s Economic ReportsAll times EASTERN (-5 GMT)•10:30am Crude Oil Inventories 0.2M•1:00pm Fed Governor Warsh Speaks •2:00pm FOMC Meeting Minutes Looking AheadAll times EASTERN (-5 GMT)•8:30am USD...
USD sharply lower – Morning Session – GMT
Overnight Asia/Europe •Shorts cover in EURO•Model accounts selling EURO•Volumes modest
Today’s US Dollar Trading •USD rallies ahead of News, lacks follow-through•Majors on S/R volumes low•Sovereign names seen selling USD Overnight Preview •A round of book-squaring likely Looking Ahead to ThursdayAll times EASTERN (-5 GMT)•8:30am USD Empire State Business...
Today’s US Dollar Trading • USD extends rally during New York• Flows described as light and disorderly Overnight Preview • Look for book-squaring• USD may have gotten ahead of itself Looking Ahead to WednesdayAll times EASTERN (-5 GMT)•...
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...
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...
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...
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)•...
Overnight Asia/Europe • USD very quiet• Holidays in Asia and UK Today’s Economic ReportsAll times EASTERN (-5 GMT)• 10:00am USD ISM Non-Manufacturing Composite forecast 49.6 Looking AheadAll times EASTERN (-5 GMT)• None in the US , Very light...
