What's happening with USD - Page 3 - Forex Forum

metalx00 · #21 (**permalink**) 18th June 2009, 02:23

interesting post, lot of good info

Pinalli · #22 (**permalink**) 19th June 2009, 11:30

Thanks friend, the latest update is that the U.S. dollar had a volatile day on Thursday, but finished strong as traders bought back the U.S. currency against the Euro after the pair did not break a key technical level that it was flirting with. Price action was choppy as traders said moves in the foreign exchange market lacked conviction and it seemed as if most were unsure how to trade the dollar. The session was kind of a lame duck with no U.S. economic data due for release on Friday, many investors were starting to look ahead to a Federal Reserve policy meeting next week.

At 11:54PM GMT, the Dollar was up .3% to the Euro to 1.3899, up .75% to the Japanese Yen to 96.48, up .4% to the British Pound to 1.6334, up .01% to the Canadian Dollar to 1.1322 and down .7 to the Australian Dollar to .7996.

manofasia · #23 (**permalink**) 21st June 2009, 05:29

Maybe the USD more stronger than before

Pinalli · #24 (**permalink**) 24th June 2009, 11:29

Quote:

Originally Posted by manofasia

Maybe the USD more stronger than before

My friend the U.S. dollar traded lower on Tuesday, due to trader speculation that the Federal Reserve may dampen hopes of an increase in interest rates when they announce the outcome of their meeting later on today.

The Forex online traders were also waiting to see the results of a record $104 billion debt auction, to gauge what the global interest in the dollar is, after a month of calls for a new reserve currency. A poor showing for the auction could prove detrimental for the Dollar valuation.

Sofia · #25 (**permalink**) 28th July 2009, 11:34

The best strategy for E/U is buy at 1.4275, adding to 1.4200; stop below 1.4100. Short term target 1.4300/1.4339, a lot more on a sustained break above 1.4375.

rightnwrong · #26 (**permalink**) 4th December 2010, 07:20

Government or we should act on what's happening with USD. If the government will not do the first move, we are the one who will do it.

forexci · #27 (**permalink**) 10th December 2010, 09:27

I follow a continuous

goldguy · #28 (**permalink**) 17th December 2010, 13:39

Yeah, bad trend for EUR/USD means bullish greenback...
Time to buy on Europe and renew my european site hosting plan

Samilar behaviour with YEN... Good.

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