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...
Will US Economy Continue to Produce Positive Data? Yesterday, the greenback saw mainly volatile sessions against its currency counterparts. After the significant appreciation the USD went through on Tuesday, it managed to preserve its relatively high rates.
With Non Farm Payroll on Tap Will EUR/USD test 1.55? Yesterday was an amazing trading day for the USD. The USD saw bullish trends against all its currency counterparts. The increase in the greenback’s value was most...
Today’s US Dollar Trading• USD rallies hard after US news• Stops drive a lot of trade• Volumes larger Overnight Preview • Order boards wiped clean so expect consolidation• Whipsaw likely around US data in the morning Looking Ahead to Wednesday All times...
The Greenback traded close to its lowest mark in one week versus the Euro yesterday as a batch of unplanned news from the US added to bearish behavior for the USD. Responding to a $1 rise in...
Today’s US Dollar Trading• Unusually quiet, little volume• Ranges hold for the most part• No real push either way with any conviction Overnight Preview• Look for more quiet action• Two-way and technical action to continue Looking Ahead to Tuesday All times EASTERN...
Today’s US Dollar Trading • USD regains poise after early break• Oil and equities help the upside• Volumes moderate Overnight Preview • Expect two-way action• USD to consolidate Looking Ahead to ThursdayAll times EASTERN (-5 GMT)• 8:30am USD Unemployment Claims• 10:00am USD Existing Home Sales• 10:00am...
