Daily Outlook – Currencies Range Trading

Here are the latest Financial News: U.S. Dollar Trading (USD) with little movement seen in the markets overnight the Dollar finished roughly where it began against most pairs. Weekly Jobless Claims were strong at 421k vs. 435k forecast. In US stocks, DJIA -2 points closing at 11370, S&P +4 points... Read the article »

Daily Outlook – Markets Rally on Bailout Optimism

Here are the latest Financial News: U.S. Dollar Trading (USD) a very large successful GM IPO and positive developments regarding the Irish EU/IMF Bailout. The Mood change began in Asia with stocks then beginning a 24hour global stock market rally. November Philadelphia Fed jumped to 22 vs. 5 forecast.... Read the article »

EU Morning Report – USD consolidates ahead of FOMC rate decision!

Here are the latest Financial News: USD consolidates ahead of FOMC rate decision! The Dollar Traded mixed yesterday and US stock markets continued to gain in the US session even as European Debt worries heated up overnight to allow a modest rally in risk trades. The gains in the stock markets are mainly... Read the article »

EU Morning Report – Markets consolidate with jobless claims in the spot light!

Here are the latest Financial News: Markets consolidate with jobless claims in the spot light! The Dollar was mixed once again ending slightly stronger against risk currencies as US equities failed to hold onto intraday gains. Weekly Crude Oil Inventories fell -0.8m vs. -3m previously. The DJIA closed... Read the article »

Daily Forex Outlook – US Jobs Grow at Fastest rate in 3 Years

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 5th April (00:30GMT) U.S. Dollar Trading (USD) was broadly stronger in thin trading after the March Jobs report showed +162k new jobs and solid revisions in February and January. The March Unemployment Rate was steady at 9.7%. USD/JPY... Read the article »

Daily Forex Outlook – Non Farm Payrolls in Holiday Market

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 2nd April (00:30GMT) U.S. Dollar Trading (USD) continued to find sellers as the market sold the safe haven currency in favor of riskier investments. Economic data is steadily improving with weekly jobless claims falling to 439k vs.... Read the article »

EU Morning Report – Fed President Evans says extended period means 3-4 policy meetings!

Here are the latest Financial News: Fed President Evans says extended period means 3-4 policy meetings! Yesterday was a light day in terms of financial data with no major economic reports released from the US. Overall the USD traded weaker, equity markets almost unchanged and commodities such as OIL... Read the article »

Daily Forex Outlook – US Non Farm Payrolls Ahead

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 5th March (00:30GMT) U.S. Dollar Trading (USD) was strong even as stock markets remained positive as the EUR/USD slumped after the ECB announcement and USD/JPY rallied on increasing US Bond Yields. Weekly Jobless Claims improved to... Read the article »

Daily Forex Outlook – Greece Austerity Measures Help Euro

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 4th March (00:30GMT) U.S. Dollar Trading (USD) the market reacted well to the new Greece Austerity measures in Europe and the Euro led the majors higher against the greenback. Adding to the positive sentiment was the February ISM Services... Read the article »

Daily Forex Outlook – GOLD hits record high against EURO and GBP

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 3rd March (00:30GMT) U.S. Dollar Trading (USD) was softer across the board after downside action on the Euro and GBP abated and commodities rallied in the US session. Stock markets struggled to hold gains but the damage to the USD was... Read the article »