Today’s US Dollar Trading • USD again on the defense• US data below expectations, helped drive USD lower• Some signs of reversal developing Overnight Preview • USD likely to remain under pressure as it consolidates• Eurozone GDP out...
Overnight Asia/Europe • USD two-sided in technical trade• Equities weaker pressuring USD/JPY• Carry trade liquidation seen Today’s Economic Reports • 9:00 AM CST ISM Index forecast 49.0 Looking Ahead • Later in the week: ISM Services, ADP private payrolls, NFP and Housing numbers• Eurozone...
Today’s US Dollar Trading • USD continues decline, EURO at lifetime highs• Durables data worse than forecast• Bernake comments hint at further fed ease Overnight Preview • USD likely to remain on the defense but consolidate• Traders likely...
