Last week’s currency trading review The Dollar was under broad pressure for most of the week as the FED meeting ended with an expansion of the monetary easing program by 600Bn. Adding to the Dollar weakness was strong risk appetite with global stock markets gaining over 3%. The USD did pare back some losses on [...]

The US Dollar strengthens on strong NFP figures! The US Dollar Traded stronger than expected as October Jobs data helped inspire Dollar buying into the weekend. October Non Farm Payrolls were at 151k vs. 60k forecast whilst the Unemployment rate stayed at 9.6%. In US stocks, DJIA +9 points closing at 11444, S&P +4 points [...]

U.S. Dollar Trading (USD) some stronger than expected October Jobs data helped inspire Dollar buying into the weekend. October Non Farm Payrolls were at 151k vs. 60k forecast whilst the Unemployment rate stayed at 9.6%. In US stocks, DJIA +9 points closing at 11444, S&P +4 points closing at 1225 and NASDAQ +1 points closing [...]

Equities gain as Citigroup beats expectations! The Dollar Traded weaker on Thursday as the overall trend continued from the previous days injection of $600 bio by the Fed in to the markets. The Fed said that it will regularly review the rate of asset purchases and the overall size of the program as it reassesses [...]

The market is turning cautious ahead of the Fed’s meeting The Fed will begin the 2-day FOMC meeting today.  The Fed is widely expected to announce a second round of monetary easing on Wednesday, with markets generally priced for the central bank to commit to buying at least $500 billion in Treasury debt over the [...]