Trading Markets

Afternoon US Dollar Wrap-Up

The dollar pushed higher against the euro today, and looked to test 4-year highs against the yen after two positive economic reports were released in the U.S…

Morning Forex Briefing

The USD continued in two-way consolidating trade overnight and opens New York mixed from Wednesday’s closing levels.

Morning Forex Briefing

The USD is mixed-to-lower to start Wednesday’s New York trade after a volatile several hours in European trade driven by BOE minutes and aggressive cross-spreaders.

Afternoon US Dollar Wrap-Up

After a slow start overnight the USD broke sharply during European trade and remained under pressure all day during New York trade…

Morning Forex Briefing

In my view, the time is now to ADD to winning positions across the board in your USD shorts.

Morning Forex Briefing

In my view, the USD strength should be exploited from the sell side. I wouldn’t look to buy a pullback in the USD but rather look for a USD top to form in the current pricing for the majors.

Afternoon US Dollar Wrap-Up

After a slew of USD neutral-to-poor news this week combined with technical inspired trade the USD ends the week mixed against the majors in what will later prove to be a pivotal week for the Greenback in my view.

Morning Forex Briefing

The USD was mixed in Asia overnight as the markets had a lighter trading session due to the MLK holiday in the US and speculation regarding the BOJ rate announcement later in the week.

Morning Forex Briefing

The USD is trading mixed today after starting overnight Asia on the defensive. Initially lower to start after Thursday’s additional rally, traders now are saying that the USD is a bit “tired” on this rally.

Afternoon US Dollar Wrap-Up

Next week is thick with market-moving and closely watched economic news, so volatility is expected to be a bit higher and solid two-way trade may develop…