Today’s US Dollar Trading• USD fails to extend gains• Majors make highs in New York• BOC keeps rates firm Overnight Preview• Look for follow-on selling Looking Ahead to Thursday All times EASTERN (-4 GMT)• 8:15am USD ADP Non-Farm Employment Change• 8:30am USD Revised...
The Dollar rose 0.6% and closed under 1.4520 versus the EUR in yesterday’s trading session, even seeing prices dip under 1.45. This Dollar rally is continuing as this analysis is being posted as the EUR/USD now stretches...
Today’s US Dollar Trading• Most of the action was this morning• USD holds gains but weakens into the end of day• Traders note profit-taking bids in the majors Overnight Preview• Likely a bout of short-covering due• Quiet ahead of US data Looking...
Low Volatility Expected In Observance of U.S Labor Day. Last week, the USD went through some choppy waters while showing mixed results against the majors. The greenback gained a respectable 100 pips versus the EUR closing at...
The USD is On Its Way Down Ahead of the GDP Figures. The greenback saw mixed results versus its rival counterparts during yesterday’s trading session. The USD initially retreated from recent highs against a basket of rival...
Today’s US Dollar Trading• USD fails to extend overnight strength• Volumes better• Stops close-in result in two-way action Overnight Preview• Look for more two-way action• USD is getting “tired” I think Looking Ahead to Wednesday All times EASTERN (-4 GMT)• 8:30am USD Core...
With New Home Sales on Tap Will EUR/USD Test 1.4550? Intra-day gains in the dollar on a better-than-expected U.S. Existing Home Sales report tended to be short lived even though stabilization in the U.S. housing market is...
Today’s US Dollar Trading• The USD unable to hold gains in NY• Volume a bit better than Friday, stops drive a lot of trade• Oil pushes Greenback around as do equities Overnight Preview• Look for tow-way action overnight • USD may be...
The USD Showed That What Goes Up Must Come Down The greenback experienced a trading session of mixed results yesterday. Soon after the trading day began, the USD reached a 6 month record against the EUR as...
Today’s US Dollar Trading• USD finally weakens• Volumes a bit lower• US news no help Overnight Preview• Look for consolidation• USD likely to have a weaker bias mid-week Looking Ahead to WednesdayAll times EASTERN (-5 GMT)• 10:35am USD Crude Oil Inventories Another light...
