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Many analysts predict that in the coming weeks, as American consumers go out shopping for the holiday season, the value of the USD will follow a steady path of appreciation. While Europe celebrates the same holidays as...
Today’s US Dollar Trading • USD continues slide, stops drive trade• Aggressive buying of GBP seen in afternoon trade• Volumes remain lighter amid thinner conditions
Today’s US Dollar Trading • USD falls on long-liquidation• Stops noted in all pairs• Volumes better
Today’s US Dollar Trading • USD starts weaker, stops drive majors higher• Upside resistance holds and the majors drop hard• Volumes high on the move
Today’s US Dollar Trading • Two-way action due to equities• Traders note USD feels neutral• EURO makes lows late
Lately the dollar is gaining a bullish momentum overseas as investors are buying more of the safest U.S. assets as the global economy enters a recession. Overseas investors bought a net $27.2 billion of U.S. assets in...
Today’s US Dollar Trading • USD falls after early strength, stops drive trade• Equities rally lifts EURO• Volumes remain light
Overnight Asia/Europe • G-20 fails to inspire the USD bulls• Majors initially weaker then reverse into New York• Japan data benign