Today’s US Dollar Trading• Greenback unable to extend gains• Volumes light• Big news out tomorrow may have sidelined traders Overnight Preview• Look for two-way action, consolidation• Possible follow-on selling in Asia to start Looking AheadAll times EASTERN (-5 GMT)• 8:30am USD Building Permits• 8:30am...
Overnight Asia/Europe• Quiet start overnight, USD range-bound• Volumes lower• Technical trade dominates due to lack of news Today’s Economic ReportsAll times EASTERN (-5 GMT)• 1:00pm USD NAHB Housing Market Index Very light start to the week, light news from overseas as...
CPI Data On Tap. The USD completed yesterday’s trading session with mixed results versus its major rival currencies. During the first half of the day, the U.S. dollar eased versus the euro and the yen after government...
Today’s US Dollar Trading• USD whipsaws hard• Volumes patchy• GBP falls to new lows Overnight Preview• USD likely to consolidate• Volumes likely to drop ahead of US data tomorrow Looking AheadAll times EASTERN (-5 GMT)• 8:30am USD Core CPI m/m• 8:30am USD CPI m/m• 8:30am...
Today’s US Dollar Trading• USD ends mixed-to-weaker• Official names selling rallies• Majors ready to rally Overnight Preview• Look for more consolidation with a lower boas Looking Ahead to WednesdayAll times EASTERN (-5 GMT)• 8:30am USD Core Retail Sales m/m• 8:30am USD Retail Sales...
Will a Bearish Correction Take Place? Yesterday, the USD rallied against all the major counterparts. The EUR/USD dropped over 150 pips, descending below the 1.4900 level. The dollar experienced similar sessions vs. the GBP and the CHF...
USD looks to test 1.50. The USD underwent a bullish trading session yesterday, as it appreciated against all of its major currency rivals. The dollar rose 0.5% and closed under 1.5320 versus the euro in yesterday’s trading...
Today’s US Dollar Trading• USD finds stops above yesterday’s highs• Holds gains into the close• Volumes on the lighter side Overnight Preview• Look for the USD to retrace a bit• Quiet ahead of the rate announcements Looking AheadAll times EASTERN (-5 GMT)• 8:30am...
Fed is Expected to Hold Fed-Funds Rate Steady. Yesterday the greenback saw rising trends against its major currency counterparts; however it failed to appreciate substantially against the EUR. The oft-traded currency pair approached a 6 week low...
Today’s US Dollar Trading• USD starts mixed then rallies• USD/CAD rallies to a new high• Volumes moderate Overnight Preview• Likely early follow-on buying of USD• Should be quiet ahead of FOMC Looking Ahead to ThursdayAll times EASTERN (-5 GMT)• 10:00am USD ISM Non-Manufacturing...
