Today’s USD Trading • USD quiet in Asia, firms in Europe• GBP and EURO rally after rate cut• Whipsaw in the majors Today’s Economic ReportsAll times EASTERN (-5 GMT)• 8:15am ADP Private Payrolls, Actual+ 10,000• 8:30am Advance...
Today’s USD Trading USD ends mixed GBP falls through support Today’s Economic Reports Consumer Confidence out at 62.3 Looking AheadAll times EASTERN (-5 GMT) 8:15am USD ADP Nonfarm Employment Change -60K 8K8:30am USD Advance GDP q/q 0.2%...
Today’s US Dollar Trading • USD two-way, ends flat• GBP has higher volatility• Technical trade continues from AM Overnight Preview • Look for continued consolidation• Asia closed for Japan holiday
Overnight Asia/Europe • Greenback starts firm then falls in Europe• Lots of rhetoric from Europe• Technical trade dominates Today’s Economic Reports • None in the US
Overnight Asia/Europe • USD mixed• EURO under pressure, IFO disappoints• Volumes light Today’s Economic Reports • 7:30 AM CDT Durable Goods forecast +0.1%• 7:30 AM CDT Initial Claims• 9:00 AM CDT New Home Sales forecast 495K
Today’s US Dollar Trading • USD has range-bound trade despite news• CPI as expected, Housing data worse• EURO scores a lifetime high Overnight Preview • Look for the USD to consolidate with weaker tone• Book-squaring ahead of US...
Overnight Asia/Europe • USD firmed in Asia on G7 comments• Faltered in European trade Today’s Economic Reports • 7:30 AM CDT Retail Sales forecast +0.1%, no factor Looking Ahead • 7:30 AM CDT Tuesday PPI forecast +0.4%,...
Today’s US Dollar Trading • USD two-sided overnight• Breaks lower during New York but still no new range• Equities fall driving USD /JPY lower Overnight Preview • Look for follow-through selling of USD• Book squaring ahead of US...
Overnight Asia/Europe • USD two-sided in range bound trade• Overnight news thin but important• BOJ holds rates steady as expected Today’s Economic Reports • None of note in the US Looking Ahead • 7:30 Am CDT Thursday Balance...
Today’s US Dollar Trading • USD ends a bit firmer but volumes light• Solid two-way action all day• Traders note that market seems sidelined ahead of rate announcements Overnight Preview • Look for more two-way action, USD likely...
