Forex Trading Strategy: US Dollar
Currency trading with the greenbackForex trading strategy for the US dollar should consider that next month will play a large role the overall direction of the currency on the market. However, with a variety of currencies, from the euro to the yen gaining against the US dollar in forex trading, that direction is looking less and less positive.
Additionally, Bloomberg reports that some prominent investors, like Eli Broad, are saying that the US is in a rather bad recession, and that it will take time to recover. Increasing oil prices are not helping the currency trading situation for the greenback, either.
See Also
- Forex Trading with the US Dollar
Currency trading on the FX market
This entry was posted on Tuesday, July 1st, 2008 at 15:00 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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Forex Trading Strategy: US Dollar
Currency trading with the greenbackForex trading strategy regarding the US dollar should consider that sentiment is starting to turn in favor of the currency. In currency trading, the greenback is starting to see a little more support as many feel that the US economy is emerging from its problems.
Even though the CPI data from April was somewhat disappointing, the dollar is still holding up on the FX market. And the risk appetite that is resulting also has the consequence of increasing the popularity of the carry trade.
See Also
- Forex Trading US Dollar
Currency trading on the FX market
This entry was posted on Thursday, May 15th, 2008 at 14:24 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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Forex Trading Strategy: US Dollar
Currency trading with the greenbackForex trading strategy with the US dollar should consider that it is not responding as it usually does to economic data. A good example is the way Friday’s jobs data has been largely strugged off in currency trading with the greenback. Reuters reports on forex trading with the US dollar:
See Also
- Forex Trading with the US Dollar
Currency trading on the FX market
This entry was posted on Monday, April 7th, 2008 at 14:17 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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Forex Trading Strategy: US Dollar
US dollar to remain under pressure Forex trading strategy for the US dollar should consider that it remains under pressure. In currency trading, the US dollar is being weighed upon by such factors as consumer confidence. Investors also remain worried about the credit crisis. Inquirer.net reports on the US dollar in currency trading on the FX market:
"Heavy pressure on the dollar is continuing as dealers are cautious about the risks of the credit crunch and the US economic slowdown," said Yuya Koike, currency dealer at Hachijuni Bank.
"Although the dollar was bought temporarily for position adjusting this week, there’s no reason to actively buy the greenback," he said.
See Also
- Forex Trading with the US Dollar
Currency trading on the FX market
This entry was posted on Monday, March 31st, 2008 at 14:10 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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Forex Trading Strategy: US Dollar
Greenback finds support in currency tradingForex trading strategy for the US dollar should not count it completely out right now. It is starting the day out fairly well, due to plans on Friday of an Ambac bailout. This news of support for the US financial sector is helping the US dollar. However, as AFP reports, there are other factors to take into consideration for the greenback as currency trading proceeds this week:
"The dollar’s strength is a late reaction on Ambac," said Tim Condon, research head at ING Financial Markets.
Investors are waiting for the release this week of key US data for January, including existing home sales on Monday, new residential sales Wednesday and consumer spending on Friday, analysts said.
See Also
- Forex Trading with the US Dollar
Currency trading on the FX market
Source : GFT Forex
This entry was posted on Monday, February 25th, 2008 at 14:44 and is filed under GFT Forex. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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Forex Trading Strategy: U.S. Dollar
U.S. dollar expected to be volatile in currency tradingForex trading strategy for the U.S. dollar should keep in mind that it is likely to be volatile in the coming weeks and months. Knee jerk reactions to economic news, including yesterday’s Fed rate cut, are the order of the day. The U.S. dollar has been moving inversely to the U.S. stock market, and that is also something to keep in mind during currency trading. Reuters reports on forex trading with the U.S. dollar:
See Also
- Forex Trading with the U.S. Dollar
Currency trading on the FX market
Source : GFT Forex
This entry was posted on Thursday, January 31st, 2008 at 14:30 and is filed under GFT Forex. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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