Wednesday, May 23, 2012
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Daily Outlook – EURO Strong ahead of ECB Meeting

U.S. Dollar Trading (USD) the market consolidated Tuesday’s risk rally holding near highs in stocks and the Dollar remaining weak. Some focus switched back to Egypt later in the day as protestors clashed and could spark risk aversion if the situation worsens. In US stocks, DJIA +1 points closing at 12042, S&P -2 points closing [...]

February 2 2011 | Posted in Forex | Read More »

Weekly Outlook – Risk On, Risk off, Middle East Focus

Last week’s currency trading review The Dollar was mixed under pressure most of the week until a dramatic stock market fall on Friday sent the dollar higher on save haven flows. Concerns of a possible revolution in Egypt saw Oil soar on supply problems and stocks sink on contagion risk to other middle eastern countries. [...]

February 1 2011 | Posted in Forex | Read More »

Daily Outlook – Traders still buying on Dips

U.S. Dollar Trading (USD) with selling overdone on Friday the market was buoyant seeing most pairs gain against the Dollar. Oil was extremely strong with Brent Crude breaking above $101 a barrel. Economic Data was strong with Chicago PMI jumping to 68.8 vs. 66.8 previously. In US stocks, DJIA +68 points closing at 11891, S&P [...]

January 31 2011 | Posted in Forex | Read More »

Daily Outlook – Strong Chinese Growth Sparks Tightening Fears

U.S. Dollar Trading (USD) strong data and weak commodities sent the Dollar higher across the board. Weekly Jobless Claims dropped to 404k vs. 445k previously. December Home Sales at 5.28m vs. 4.88m previously. In US stocks, DJIA -2 points closing at 11822, S&P -1 points closing at 1280 and NASDAQ -21 points closing at 2704. [...]

January 20 2011 | Posted in Forex | Read More »

Daily Outlook – Market Mood Sours

U.S. Dollar Trading (USD) some weak earnings results from the closely watched Goldman Sachs sent the markets into a downside bias with commodities and stocks under pressure. December Housing Starts were at 529k vs. 550k expected and Building Permits at 635k vs. 555k forecast. In US stocks, DJIA -12 points closing at 11825, S&P -13 [...]

January 19 2011 | Posted in Forex | Read More »