Site Search
Loading
    FREE Online Demo

    Get a free online demonstration of our leading online Forex trading platform…

Share Easy-Forex
Play the Easy Forex Online Game
Free 2012 Forex Guide

Now it's FREE - The New 2012 Forex eBook! Years of experience in Forex trading have gone into this book.

Fine Our More

Smart Investor Award

USD Trading Outlook


 
9.5.2012-7.5.2012 4.5.2012-30.4.2012 27.4.2012-23.4.2012 20.4.2012-16.4.2012 13.4.2012-9.4.2012 5.4.2012-2.4.2012 30.3.2012-27.3.2012 23.3.2012-19.3.2012 16.3.2012-12.3.2012 9.3.2012-5.3.2012 2.3.2012-27.2.2012 24.2.2012-20.2.2012 17.2.2012-13.2.2012 10.2.2012-6.2.2012 3.2.2012-30.1.2012 27.1.2012-23.1.2012 20.1.2012-16.1.2012 13.1.2012-9.1.2012 6.1.2012-2.1.2012 30.12.2011-26.12.2011 23.12.2011-19.12.2011 16.12.2011-12.12.2011 9.12.2011-5.12.2011 2.12.2011-28.11.2011 24.11.2011-21.11.2011 18.11.2011-14.11.2011 11.11.2011-7.11.2011 4.11.2011-31.10.2011 28.10.2011-24.10.2011 21.10.2011-17.10.2011 14.10.2011-10.10.2011 6.10.2011-3.10.2011 30.9.2011-26.9.2011 23.9.2011-19.9.2011 16.9.2011-12.9.2011 9.9.2011-5.9.2011 2.9.2011-29.8.2011 26.8.2011-22.8.2011 19.8.2011-15.8.2011 12.8.2011-8.8.2011 4.8.2011-2.8.2011 29.7.2011-25.7.2011 22.7.2011-18.7.2011 15.7.2011-11.7.2011 8.7.2011-4.7.2011 1.7.2011-28.6.2011 24.6.2011-20.6.2011 16.6.2011-13.6.2011 10.6.2011-6.6.2011 3.6.2011-30.5.2011 27.5.2011-23.5.2011 20.5.2011-16.5.2011 13.5.2011-9.5.2011 6.5.2011-2.5.2011 29.4.2011-25.4.2011 21.4.2011-18.4.2011 15.4.2011-11.4.2011 8.4.2011-4.4.2011 1.4.2011-28.3.2011 25.3.2011-21.3.2011 17.3.2011-14.3.2011 11.3.2011-8.3.2011 4.3.2011-28.2.2011 25.2.2011-21.2.2011 18.2.2011-14.2.2011 11.2.2011-7.2.2011 4.2.2011-31.1.2011 28.1.2011-25.1.2011 21.1.2011-17.1.2011 14.1.2011-10.1.2011 7.1.2011-3.1.2011 31.12.2010-29.12.2010 24.12.2010-20.12.2010 17.12.2010-13.12.2010

4th May

The US dollar (USD) appeared strong versus a basket of currencies ahead of the Non-Farm Payrolls (NFP) release later today at 12:30 GMT. Following a disappointing ADP employment report – a good forecaster of the NFP - on Wednesday, market participants are growing more bearish towards the US labor market. Against the Canadian dollar (CAD), the greenback climbed to 0.9880 from 0.9866. Versus the Japanese yen (JPY), the US dollar slightly rose to 80.22 from 80.12 as the 80.00 figure has been acting as a support area over the past few days.

3rd May

U.S. Dollar Trading (USD) The mood in the market started to turn sour in the European session as rumors of Italian and Spanish bank downgrades weighed. Also hurting was the jump in EU unemployment rate to the highest in the Unions history. The US session saw more risk off after the April ADP employment reports showed only +119k vs. 209k previously and is a worrying sign for Friday’s report. Looking ahead, Weekly Jobless Claims are forecast at 380k vs. 388k previously. Also, April ISM Services forecast at 55.5 vs. 56 previously.

2nd May

U.S. Dollar Trading (USD) the dollar soared overnight as the April ISM came in better than expected and we saw stocks hit multi year highs in the US session and the US Dollar strength. The USD/JPY was notable breaking back above Y80 and is being watched closely in Asia today. Looking ahead, April ADP Employment Report forecast at 177k vs. 209k previously. Also tonight, March Factory Orders forecast at -1.6% vs. 1.3% previously.

1st May

U.S. Dollar Trading (USD) the USD rebounded today against most risk currencies yesterday as stocks pulled back on profit taking sparked by weak economic data. April Chicago PMI fell to 56.2 vs. 62.2 previously in a dramatic fall in manufacturing confidence back to 2009 levels. Looking ahead, March US PMI forecast at 53 vs. 53.4 previously. Also 3 different Fed speakers tonight could lead to volatility.

30th April

U.S. Dollar Trading (USD) the ‘risk on’ mood continued Friday with stocks gaining for a 4th day even as economic data was mixed. Q1 GDP fell to 2.2% vs. 3.0% previously but stocks did not take this too negatively in fact it supports the view that the FED will keep monetary policy in the US loose for an extended period of time. Looking ahead, March Personal Income forecast at 0.3% vs. 0.2% previously.


  Go to U.S. Dollar (USD) Archive