Sunday, February 05, 2012
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Daily Outlook – ‘Risk on’ Relief Rally Continues

U.S. Dollar Trading (US) stocks extended gains on Monday with some positivity coming back into most markets. EUR/CHF continue to rally on short covering with the SNB now set to meet on Wednesday in what could be a watershed moment for the safe haven currency. Traders ignored some weak manufacturing data with the August NY [...]

August 16 2011 | Posted in Forex | Read More »

Daily Outlook – US Stocks biggest rally in 2 years

U.S. Dollar Trading (US) the panic in the markets was caught and relief flooded in after the FOMC statement stated interest rates would be held low for at least 2 years. The defined time period help create investor confidence and the Dow Jones rallied 600 points from lows. The Dollar and in particular the USD/CHF [...]

August 9 2011 | Posted in Forex | Read More »

Prepare for exciting Non Farm Payrolls data!

Prepare for exciting Non Farm Payrolls data! Investors are placing the spotlight on the next employment evaluation released this Friday June 3 at 12:30 GMT by the US Bureau of Labor Statistics. Non-farm Payrolls is released on the first Friday of every month and expresses the paid jobs added or lost in the US economy [...]

June 3 2011 | Posted in Forex | Read More »

Daily Outlook – CHF Record Highs, USD Weak

U.S. Dollar Trading (US) remained under pressure with rising stocks and easing European fears helping encourage most majors higher. USD/CHF hit all-time lows with the Swiss strengthening on a combination of relative safety and USD weakness. May UoM increased 1.9 points to 74.3. In US stocks, DJIA +38 points closing at 12441, S&P +5 points [...]

May 29 2011 | Posted in Forex | Read More »

Daily Outlook – Stock Market Reverses Lower, Gold Record Highs

U.S. Dollar Trading (USD) a sharp selloff in US equities sent the Dollar higher against risk assets on fresh save haven demand. Investors though shunned the Dollar vs. other safe haven options with CHF and Gold both gaining heavily. February PMI Manufacturing increased to 61.4 vs. 60.8 forecast. In US stocks, DJIA -168 points closing [...]

March 1 2011 | Posted in Forex | Read More »