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%...
Yesterday the greenback showed off a bullish trend against its major currency rivals. It went through a bullish volatile session vs. the EUR, yet it lost strength against the GBP and the JPY. Even though the USD...
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
Yesterday, the Greenback spent most of the trading day with bullish momentum against the majority of its currency pairs and crosses. The USD gained almost 0.9% and closed trading around 1.5850 vs. the EUR after it previously...
The U.S. economy is facing fresh difficulties that will probably further dampen the national currency. Yesterday, the greenback tumbled to fresh lows trading as low as 1.6022 vs. the EUR after the European Central Bank policy makers...
Yesterday, the greenback lost ground on what had been a bullish closing to last week’s trading. The US was absent from the day’s economic calendar, which pushed the Dollar to record lows against the Euro in particular....
Last Friday, the greenback gained against most of its major rivals on the back of the strong data from all the U.S economic sectors last week. Despite the lack of data on Friday itself, the USD recovery...
The USD extended losses yesterday after the economic reports from the U.S. showed lower than expected inflation and a sharp fall in Housing Starts, suggesting more possible Federal Reserve Interest Rate cuts ahead. The greenback depreciated 1%...
