CURRENCY TRADING SUMMARY – 21st July (00:30 GMT) Written by Anthony Darvall U.S. Dollar Trading (USD) volatility was evident in a wide range of markets yesterday with sentiment turning from very negative to extremely positive over the trading day. Weak results from IBM and Housing data missing expectations sent the Dow Jones Index down at [...]

CURRENCY TRADING SUMMARY – 14th July (00:30 GMT) Written by Anthony Darvall U.S. Dollar Trading (USD) positive sentiment and continuation of gains in the US session saw risk currencies and the Euro trade at fresh month highs. May’s Trade balance was weak at -42bn vs. -39bn forecast but this was overlooked as company earnings from [...]

CURRENCY TRADING SUMMARY – 13th July (00:30 GMT) Written by Anthony Darvall U.S. Dollar Trading (USD) the market remained cautious but optimistic Monday ahead of the start of US company earning releases. Alcoa was in focus after hours in New York and strong numbers help lift US futures to fresh month highs. Risk appetite may [...]

Last week’s currency trading review The Dollar was under broad based pressure last week as stocks staged a 4 day rally the biggest since May and the Euro and risk currencies surged. Oil Rallied $4 a barrel and the Dow Jones Index reclaimed the key 10000 level on Wednesday with an impressive 300 point gain. [...]

CURRENCY TRADING SUMMARY – 9th July (00:30 GMT) U.S. Dollar Trading (USD) with more positive news in the IMF upgrading World GDP to 4.6% vs. 4.2% the market extended its rally for a third day. The USD was weaker against most currencies as the safe haven was sold in preference for riskier assets. Weekly Jobless [...]