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 [...]

U.S. Dollar Trading (USD) the Dollar continued to be under pressure yesterday with stocks pushing fresh highs and the US FED voting to keep rates low for an extended period. New Home Sales surged 17% in December and helped keep investor sentiment strong. In US stocks, DJIA +8 points closing at 11985, S&P +5 points [...]

Last week’s currency trading review The Dollar struggled against a Euro led market with most pairs gaining on the major. Economic data is strong from the US lately but this not always translating to USD strength with stock markets the key director. Weekly Jobless Claims dropped to 404k vs. 441k previously. December Existing Home Sales [...]

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. [...]

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 [...]