» U.S. Dollar Forex Trading Forecast

U.S. Dollar Forex Trading Forecast

Currency trading with the greenbackThe U.S. dollar forex trading forecast has a reasonably optimistic outlook right now. Currency trading with the greenback should consider the two following bits of information:

  1. On the commodities market, oil prices
    continue to fall. Weaker oil prices generally mean a stronger greenback.
  2. Ben Bernanke’s Friday speech indicated that he still worries about inflation, and economic data is backing up possibilities of further inflation.

The U.S. dollar in FX trading has a good chance of consolidating some of its gains and rallying further. Bloomberg reports on the U.S. dollar forex trading forecast:

“The decline in oil prices has contributed to a quasi rebound in the dollar,” said Geoffrey Yu, a currency strategist in London at UBS AG. “Also, what Bernanke said was less dovish than many people had expected. He’s still hawkish on inflation.”

See Also

Source :

This entry was posted on Monday, August 25th, 2008 at 14:25 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.

Leave a Reply

US Dollar Forex Trading Forecast

Now may be the time for pause in dollar strengthThe past couple of days have shown dollar strength in currency trading on the FX market. However, the US dollar forex trading forecast may be ready for a pause in the greenback’s rise.

Right now, the euro is turning around in forex trading as ECB governor Trichet talks up eurozone inflation. This is undermining yesterday’s Fed rate decision and the rhetoric accompanying it.

Additionally, there are signs that an advance against the Japanese yen in currency trading may be limited. Bloomberg reports on the US dollar forex trading forecast against the yen:

“Technically, there is a sign of dollar buying,” said Kinouchi at the unit of Japan’s second-largest brokerage. “The dollar may be well supported for the next half a month, but the currency’s advance should be limited.”

See Also

Source :

This entry was posted on Wednesday, August 6th, 2008 at 15:03 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.

Leave a Reply

US Dollar Forex Trading Forecast

Greenback gains in currency trading ahead of Federal Reserve meetingTomorrow the Federal Reserve will make an interest rate decision. Many expect the interest rate to remain on hold, and the decision to be accompanied by rhetoric that implies that inflation is becoming a concern.

For the US dollar forex trading forecast, this could signal a turnaround. The greenback is gaining in currency trading against the euro, a turnaround from earlier today when it was faltering.

Another thing to consider for the future of the dollar in FX trading is the fact that many traders consider a change from President Bush to anyone else a positive factor.

See Also

Source :

This entry was posted on Monday, August 4th, 2008 at 15:04 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.

Leave a Reply

US Dollar Forex Trading Forecast

Currency trading with the greenbackThe US dollar forex trading forecast for the long term is starting to look a little better. US dollar selling slowed down this morning, and in currency trading, the greenback is starting to make a bit of a recovery.

Much of the gains are being driven by advances in the US stock market, as a measure of confidence that the economic slump will end returns to the market. Some forex trading analysts forecast that the US dollar will see a rebound in earnest next year.

Even though Federal Chairman Ben Bernanke acknowledged the rough spots ahead for the US economy, there is optimism for a gradual recovery. Even while pointing out that there is still some uncertainty, Bernanke expressed his confidence that a recovery for the US economy will come in 2009.

See Also

Source :

This entry was posted on Thursday, July 17th, 2008 at 17:28 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.

Leave a Reply

US Dollar Forex Trading Forecast

Greenback falters in currency tradingAfter seeing some relative strength, the greenback is faltering in currency trading on the FX market today. Some factors that may affect the US dollar forex trading forecast include:

The US government is considering stronger intervention, however, in order to help prevent too much US dollar weakness in FX trading.

See Also

Source :

This entry was posted on Friday, June 20th, 2008 at 14:31 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.

Leave a Reply

US Dollar Forex Trading Forecast

G8 meeting leaves confusion regarding the dollar in currency tradingMany expected that there would be a statement from the G8 meeting over the weekend regarding the FX market. However, no statement was made, and this is leading to some ambiguity concerning the US dollar forex trading forecast.

Without any references to supporting a strong US dollar in currency trading, the euro has made back some of its losses from last week. However, even with its small gains, the euro is still considered somewhat weak by some in forex trading.

All of this means that, even with BusinessWeek reporting that a US recession is on "rain delay," the US dollar might experience a little more weakness in the near term.

See Also

Source :

This entry was posted on Monday, June 16th, 2008 at 14:23 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.

Leave a Reply

US Dollar Forex Trading Forecast

Currency trading with the greenbackThe US dollar forex trading forecast may be looking better. Yesterday’s remarks by Ben Bernanke were dollar supportive, designed to inspire confidence.

This morning, even though its gains were threatened in currency trading, the greenback has been managing to hold on. It has been helping that eurozone economic data has been disappointing, pointing to a lower euro in forex trading.

With the economy possibly on the rebound, and optimism starting to take hold, the US dollar forex trading forecast may be one of strength, even with the hurdles left to jump.

See Also

Source :

This entry was posted on Wednesday, June 4th, 2008 at 14:04 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.

Leave a Reply

US Dollar Forex Trading Forecast

Currency trading with the greenbackCurrency trading with the greenback should consider that it is seeing a bit of a rebound on the FX market. Indeed, the US dollar forex trading forecast has it marking gains against the euro for the second month in a row.

Indeed, things may be turning around for the US dollar in forex trading as worries over a recession recede a bit and optimism returns as stocks make gains and oil prices ease slightly.

See Also

Source :

This entry was posted on Friday, May 30th, 2008 at 14:54 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.

Leave a Reply

US Dollar Forex Trading Forecast

More weakness ahead for the greenback in currency trading?Yesterday, the US dollar began slumping again in forex trading, and the forecast could be calling for more weakness from greenback in currency trading.

Even though the FX market is relatively calm right now, ahead of housing data, the expectation is that high oil prices and the continued housing slump are likely to weigh on the US dollar. Reuters has a forex trading forecast:

"Consumers in the U.S. are already under stress from housing, and now…we have rising oil prices. Basically it means interest rates will remain low in the U.S. despite rising inflation…and that’s one of the reason why the dollar will remain weak," he added.

See Also

Source :

This entry was posted on Friday, May 23rd, 2008 at 14:52 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.

Leave a Reply

US Dollar Forex Trading Forecast

Currency trading on the FX marketThe US dollar forex trading forecast is looking a little weaker, despite the fact that the greenback was gaining yesterday in currency trading on the FX market.

The US dollar has remained in ranges, for the most part, over the last little while. And even though some economic data indicates that an end to troubled in the US might be near, there are still issues associated with the housing market. Housing data is expected to affect the greenback in currency trading for the latter part of this month.

See Also

Source :

This entry was posted on Tuesday, May 20th, 2008 at 14:37 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.

Leave a Reply

US Dollar Forex Trading Forecast

Where will the US dollar head next in currency trading?Things have been rather volatile for the US dollar in currency trading on the FX market. This makes the US dollar forex trading forecast rather difficult to figure out.

The US dollar did strengthen overnight in currency trading, but it is largely losing its gains on the BOE and ECB interest rate decisions (and accompanying rhetoric). A lot depends on whether or not a recession plays out, and how soon the Federal Reserve starts raising interest rates again.

See Also

Source :

This entry was posted on Thursday, May 8th, 2008 at 16:02 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.

Leave a Reply

US Dollar Forex Trading Forecast

Fed rate decision today: has the dollar bottomed out in currency trading?Today, traders and investors are awaiting a key Fed decision. Indeed, the US dollar has been strengthening in forex trading as the decision approaches. Even though the Fed is expected to cut rates, the body is also expected to announce an end to that policy after today.

This is leading some to think that the dollar may have bottomed out in currency trading. Bloomberg reports on the US dollar forex trading forecast:

“There’s a general sense developing in the market that the Fed might have done enough,” said Peter Lucas, a global- investment strategist at Ashburton Ltd., which manages $1.7 billion in Jersey, Channel Islands. “People are starting to look for a better time ahead. I’m increasingly optimistic we’ve seen the lows for the year and the dollar is bottoming out.”

See Also

Source :

This entry was posted on Wednesday, April 30th, 2008 at 13:48 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.

Leave a Reply

US Dollar Forex Trading Forecast

Has the dollar reached bottom in currency trading?One of the speculations going on right now is that the US dollar may have reached bottom in forex trading. The dollar is showing some signs of life in currency trading, especially against the euro.

However, this could be just a pause. The US dollar forex trading forecast is awaiting economic data later this week, especially in terms of the US Fed rate decision and the rhetoric that will accompany it.

See Also

Source :

This entry was posted on Monday, April 28th, 2008 at 14:37 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.

Leave a Reply

US Dollar Forex Trading Forecast

Looking ahead to next week in currency tradingWith the dollar rally continuing to day in currency trading on the FX market, there is a lot to look forward to next week in currency trading. The forex trading forecast should take the following items of interest, on the last day of April, into consideration:

  • Nonfarm payroll
  • Annualized GDP
  • Chicago PMI
  • Fed rate decision

See Also

Source :

This entry was posted on Friday, April 25th, 2008 at 14:12 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.

Leave a Reply

US Dollar Forex Trading Forecast

Greenback in currency tradingThe US dollar forex trading forecast is calling for a measure of increased weakness, despite a show of strength earlier. Reuters reports on some of the issues surrounding the greenback in currency trading:

"The huge capital account deficit (in the U.S.) is also making the dollar vulnerable and the liquidity crunch is limiting inflows," Takeda said.

Forex traders continue to look to euro/dollar to reach the $1.60 mark soon on the FX market.

See Also

Source :

This entry was posted on Friday, April 18th, 2008 at 13:56 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.

Leave a Reply

US Dollar Forex Trading Forecast

Greenback expected to move lower in currency tradingThe G7 meeting is starting today, and this is one of the hurdles that the greenback must clear as it moves toward a "bottoming phase" in currency trading.

The US economy is still struggling, although there has been some optimism that the worst is over in terms of the credit market crisis. Some hope is being seen for the dollar, once the weakening cycle ends — and it is expected by some to end soon. Forbes reports on the US dollar forex trading forecast:

Global Forex Trading’s senior financial analyst, Ian Copsey, said the dollar might be entering a ‘bottoming’ phase but first it has to get over the hurdles in the ECB and Bank of England rate decisions, as well as the G7 meeting.

See Also

Source :

This entry was posted on Friday, April 11th, 2008 at 15:14 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.

Leave a Reply

US Dollar Forex Trading Forecast

Currency trading with the US dollarCurrency trading with the US dollar should consider that Fed chair Ben Bernanke is indifferent toward currency dollar weakness on the FX market. Indeed, the US dollar forex trading forecast is likely to continue on the weak side, reports Reuters:

"We’re seeing an overall globally weaker dollar on the U.S. economy and interest rate outlook. Bernanke also kind of suggested that he tolerates a weaker dollar as he said it was good the deficit was contracting," Commerzbank FX strategist Antje Praefcke said.

See Also

Source : GFT Forex

This entry was posted on Friday, February 29th, 2008 at 14:37 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.

One Response to “US Dollar Forex Trading Forecast”

  1. mike turbeville Says:

    Bernanke may think a weaker US Dollar is a good trade strategy,which it is to some point, but to further weaken the dollar is simply careless. Inflation, metal prices, fuel prices and hurting confidence in US
    investment is a weaker dollar . Does Bernanke want a world shift from the Dollar to Euros ? The USA
    has to eliminate its debt, control wild spending,and produce again in order to export not lower the dollar
    further.

Leave a Reply

US Dollar Forex Trading Forecast

Currency trading with the greenbackThe US dollar forex trading forecast calls for further weakness on the currency market. Currency trading should take into account that another Fed rate cut would weaken the greenback further. Reuters reports that a Fed rate cut is already being priced into the US dollar forex trading forecast:

Markets are pricing in the risk of another 50 basis point rate cut at the March meeting, which would further erode the dollar’s yield appeal.

See Also

Source : GFT Forex

This entry was posted on Thursday, February 21st, 2008 at 14:21 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.

Leave a Reply

US Dollar Forex Trading Forecast

Greenback could gainin currency tradingThe US dollar forex trading forecast could show a gain againast the Japanese yen in the coming days and weeks. The greenback could gain in currency trading on the FX market if the right market sentiment remains. Much of the gain expected by the US dollar in forex trading forecast would be due to call options, which allow sales. Bloomberg reports on the greenback in currency trading:

“I’m watching this term structure because it’s all about sentiment,” Miki from the unit of Japan’s biggest publicly traded lender, said in an interview in Tokyo. “This spread will narrow when the dollar starts to recover. I see the potential for a rise in the currency.”

See Also

Source : GFT Forex

This entry was posted on Thursday, February 14th, 2008 at 13:50 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.

Leave a Reply

US Dollar Forex Trading Forecast

Greenback in currency tradingThe US dollar forex trading forecast calls for a rebound, according to some currency analysts. Instead of remaining down, as the rest of the global economy moves into a slowdown, the greenback is expected to recover in currency trading. Bloomberg reports on the possibility of a change to the US dollar forex trading forecast:

The dollar is also getting a boost from investors seeking a haven from losses in the global banking system, said John Taylor, chairman of FX Concepts Inc., a New York-based hedge fund that manages $12 billion in currencies.

“We’re going to see a stronger dollar for a couple of months and maybe longer,” Taylor said.

See Also

Source : GFT Forex

This entry was posted on Friday, February 8th, 2008 at 14:13 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.

Leave a Reply

U.S. Dollar Forex Trading Forecast

Emergency Fed rate cut today?Massive panic in the stock market could lead to an emergency Fed rate cut today. In any case, a Fed rate cut is expected next week at the regular FOMC meeting. This meanst that the U.S. dollar forex trading forecast is looking rather bleak. Without the economic fundamentals to hold it up, dollar weakness is expected to be a fact in currency trading. Bloomberg reports on the possibility of of an emergency Fed rate cut:

“There’s talk, unsubstantiated, of a possible rate cut by the Federal Reserve today, and that’s why the dollar is pulling back,” said Neil Jones, head of hedge fund sales at Mizuho Capital Markets in London. “This talk is unsubstantiated, but it’s enough to move the market.”

See Also

Source : GFT Forex

This entry was posted on Tuesday, January 22nd, 2008 at 14:23 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.

Leave a Reply

U.S. Dollar Forex Trading Forecast

Rate cuts ahead for U.S.The U.S. dollar forex trading forecast is likely to see more downward movement in the coming weeks. Yesterday, Fed Chair Ben Bernanke spoke to Congress about the state of the U.S. economy, and mentioned the strong possibility of rate cuts ahead for the U.S. This will likely continue to mean dollar weakness in currency trading, Reuters reports on the Ben Bernanke speech:

"The speech suggests that the FOMC will adopt an outright easing bias at the next meeting, signalling more easing ahead," said Danske bank in a note to clients.

See Also

Source : GFT Forex

This entry was posted on Friday, January 11th, 2008 at 15:17 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.

Leave a Reply

U.S. Dollar Forex Trading Forecast

Sluggish growth expected to keep the dollar down in currency tradingThe U.S. dollar forex trading forecast looks as though it will experience further sluggishness in the new year. Slowing economic growth is expected to affect interest rate policy, and dollar weakness is likely to continue in currency trading during 2008. Bloomberg reports on issues surrounding the U.S. dollar forex trading forecast:

Central bankers anticipated growth that was “somewhat more sluggish” than their previous estimate, according to minutes of the Dec. 11 Federal Open Market Committee meeting released yesterday. Policy makers cited weaker consumer spending and the “deeper and more prolonged” housing slump.

See Also

Source : GFT Forex

This entry was posted on Thursday, January 3rd, 2008 at 14:47 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.

Leave a Reply

Forex Forum

English
Français