The USD appreciated against all of the major currencies during yesterday’s trading session. The US Dollar gained over 160 points versus the EUR and closed at a rate of 1.5702. This happened in spite of the mostly...
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...
Yesterday the USD saw bearish trends against most of its major currency counterparts. The USD fell 34 points vs. the Euro, setting the EUR\USD rate at 1.5794. The USD also depreciated against the GBP, and underwent a...
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...
The USD saw a significant swing in momentum last week as it saw losses versus most of its currency rivals. The dollar was affected in large part due to the rekindling of economic worries in the US...
