Search results

By [link removed] USD The first day back from a long holiday proved cautious for the USD and broad markets. Tuesday produced gains for the Greenback versus the Single Currency, but it did lose some ground to the Sterling. Wall Street treaded water for much of the session, but at the end of the...

USD The broad markets proved how divergent they are on Monday. The USD gained in a swift manner against the EUR again, while it only picked up a bit of ground against the GBP. This happened as Wall Street turned in wide gains on the major indexes. Without any major economic data to fall back...

USD With no major economic reports from the States the USD was left to trade in rough waters caused by investor uncertainty. The USD gained strongly against the EUR and GBP as it resumed the high parts of its range against the two currencies. This occurred as traders were forced to deal with...

USD The USD gained slightly on the major currencies Monday with little in the way of economic data to guide investors. Trading appeared to be cautious most of the day and Wall Street reflected this as the indexes turned in mixed performances. The U.S. will be quiet with releases today and...

By Mercaforex.com USD: The USD lost ground to the EUR and GBP but the greenback remains in the stronger parts of its range against the two currencies. There was no major economic data from the U.S. yesterday but Wall Street bounced off of it lows and turned in a positive day. The Dow Jones...

By Mercaforex USD: Proving that the waters remain treacherous, the USD gained back the territory it had lost in previous trading this week on Wednesday. The currency prices showed that the broad marketplace remains cautious and is likely to remain that way as investors await tomorrow’s Non...

By Mercaforex USD: The USD was almost a sea of tranquility on Friday compared to its previous trading sessions. The greenback range traded against both the EUR and GBP as Wall Street tumbled again. The strength in the USD was at the forefront of investors thoughts, as a wave of rather...

By Mercaforex USD: The USD battled in a rather cautious range on Wednesday while losing additional ground to the EUR and GBP. The Federal Balance Budget report was released and did not provide much in the way of fireworks. Wall Street however did manage to lift itself up and the indexes all...

By Mercaforex USD: The USD again produced another stable day of trading versus the EUR and GBP essentially keeping pace within a range that favored the greenback for most of Tuesday. Equity markets had a rough day and the major indexes from the U.S. all struggled. Trade Balance figures were...

By Mercaforex USD: Proving once again that the marketplace has a mind of its own, vast volatility immediately swept into the currencies upon the publication of the Non Farm Employment Change figures. A disappointing number of minus -85K compared to the estimate of minus -3K was enough to...

By Mercaforex USD: With little in the way of economic data from the U.S. on Tuesday, the USD continued to get stronger against both the EUR and GBP. The greenback continued to get stronger as Wall Street turned in another rather poor performance as the major indexes lost ground. Equities...

By Mercaforex USD: The USD gained against the major currencies on Friday in a rapid push as the combined jobless numbers provided investors with a better than anticipated outcome. Both the Non Farm Employment Change and Official Unemployment Rate statistics from the U.S. fueled optimism for...

By Mercaforex USD: The USD finds itself at the lower realms of its value against the EUR and GBP after Wednesday’s trading. The ADP Non Farm Employment Change report was published yesterday and produced an outcome of minus -169K, which was worse than the estimate of minus -149K. Today the...

By Mercaforex USD: The USD found another day of rather benign range trading on Tuesday as investors took stock indexes higher and gold continued to find record territory. The USD continues to trade weaker by most measures against the EUR, but finds itself in a curious range with the GBP...

By Mercaforex USD: Dubai’s sudden and rather amazing entry into the mix of bad economic news on Friday shook the broad marketplaces to its core on Friday, including the USD. Currency markets became extremely volatile immediately as the Dubai crisis began making waves. Even with the U.S...

By Mercaforex USD: It may be a holiday in the U.S. today but backers of the USD may not find much comfort. The greenback continued to get hammered on Wednesday against all the currencies and it is in a precarious position. Data was rapid yesterday and came in with mixed results. The Core...

By Mercaforex USD: A classic pre-holiday trading session took place in the U.S. markets on Tuesday. There was plenty of economic data to examine for investors but little in the way of direction on Wall Street and this produced a rather choppy day for the USD. The Prelim GDP figure turned in...

By Mercaforex USD: In early Monday trading, the USD lost ground to the major currencies and finished the day in rather weak territory against the EUR. The U.S. stock markets did have a positive day of gains, both the S&P and Dow Jones indexes performed well. The Existing Home Sales figures...

By Mercaforex Analysis is subjective at best and there is no scientific absolute one can bring forth through quantitative mathematical formulas to show why markets moved in any particular fashion. In that given light, the USD erupted on Friday and gained significantly on all currencies and...

By Mercaforex USD: The life of the USD was given another breath of oxygen on Wednesday as the U.S. stock indexes went south. After three days of gains from Wall Street, share values dropped yesterday when they could not hold back the negative tides created by poor housing data. The USD finds...