Tag Archives: eurusd

USD may rise on NFP print, expectations call for 210K jobs added

The USD is up so far today on expectations that NFPs will come in at 210K jobs added to the economy. The unemployment rate is also expected to tick down to 6.6% from 6.7%. We believe that we should see … Continue reading

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No love for the USD

The USD fell across the board yesterday and is currently on lows for the day at the start of the European trading session (7:18 GMT). The USD fell immediately after GDP data printed much lower than expected, it was able … Continue reading

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Lots of US and EZ data today… Play it safe look for trend development.

Today there will be a heavy round of event risk from Japan, Euro Zone and US. We already had the BOJ announcement which saw no change in policy, the yen is up a bit across the board going into the … Continue reading

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UK GDP Out At 8:30 GMT Charts Updated

The British Pound may find a reason to rally vs the USD on upcoming UK GDP data. If the market is pleased by the data we could see 1.70 in the near future. However some caution applied after the data … Continue reading

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US and UK GDP, FED Decision, US NFP, Gold Above $1300 On Ukraine Worries

The US Dollar may finally make a trend setting move this week and break out of the recent consolidation we have seen in April. Whether the USD rises or falls will depend on how the market reacts to the FED … Continue reading

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USD may continue to fall vs JPY, consolidate overall to end the week

The US Dollar has had a choppy session vs the JPY and is down vs most other pairs today. The Japanese Nikkei is currently trading about flat (NKY up +0.05% 4:51 GMT). US futures are slightly down while EZ futures … Continue reading

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USD falling against JPY and NZD, may continue rise vs GBP and AUD near term

The US Dollar has fallen today vs the JPY amid some moderate risk off in the Asia session (NKY down -1.08%). US futures are currently trading up slightly while EZ futures are down (4:00 GMT). JPY CPI is the major … Continue reading

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USD may rebound vs AUD and GBP, fall vs NZD

The US Dollar has risen today vs the AUD after weak AUD CPI data showed that the RBA may have to intervene. The AUD was also hit lower shortly after the CPI data came in by inline Chinese data; China … Continue reading

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USD to face near term selling, Gold under pressure

The US Dollar has fallen today vs the AUD and NZD and may continue to fall across the board near term. Global markets are all open today after the holiday so some USD selling may result as the risk on … Continue reading

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Next week’s event risk peaks on Wednesday (US and EZ mfg, AUD CPI, RBNZ rate, BoE minutes, etc)

Taken from johnkicklighter

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USD/JPY long making progress US equities ramping

We are about an hour and a half from the US close and US equities are doing pretty well today, SPX500 +0.35%, NASDAQ +0.56% and DOW +0.12%. Tomorrow is bank holiday for the US and Euro zone but Tokyo will … Continue reading

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USD Index Update Midday Asia April 17th 2014

The US Dollar is currently at or near lows for the day halfway through the Asian session. The USD looks like a pretty good long at current prices vs JPY and AUD. The USD Index is currently trading around 10,428 … Continue reading

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USD Falling In US Session, Mixed FED and Equity Ramp

The US Dollar has fallen today erasing some gains that were added during the Asian and Euro trading sessions. The USD fell mostly against AUD and NZD after China data showed that the Chinese economy is continuing to grow at … Continue reading

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USD Technical Analysis April 15th 2014

The US Dollar has bounced so far at the start of Tuesday trading. The USD is expected to further recover from last weeks losses it is currently trading around 10,445. The USD is finding support above the long term 0.50 … Continue reading

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EUR/USD Outlook April 11th 2014 (CPI Data)

The Euro has rallied vs the USD every day this week but is expected to come under pressure amid a wave of upcoming Euro CPI data. The Euro is having trouble making a lot of headway past long term trend … Continue reading

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USD Index Update Midday Asia April 11th 2014

The US Dollar has recovered so far at the start of early trading today as expected. The USD has been down everyday this week and it is looking pretty oversold. The fact that the USD is coming up on major … Continue reading

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