The USD recover when FOMC ahead (24/05/2017)

2017-05-24 03:31:49
 

The USD recover when FOMC ahead The greenback recovered against all of major currencies. Although new home sales declined to 569k from 642k , the USD dollar rebounded ahead of tomorrow’s FOMC minutes. Traders were likely to take profits their short selling

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The USD Dollar Selling Pressure (22/05/2017)

2017-05-22 03:18:15
 

The USD dollar selling pressure The greenback traded lower against all of major currencies last week. Softer economic data and Donald Trump’s political problem were vital roles in the dollar’s decline. The investigation the ties Trump’s campain

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Technical Insight (19/05/2017)

2017-05-19 04:02:07
 

Technical Insight After selling off dramatically, the greenback bounced against most of major currencies. But the rally is real or just a temporary rally before another downleg. We need to take a look some technical insights this week.

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Stocks and USD slump on political crisis (18/05/2017)

2017-05-18 03:33:24
 

Stocks and USD slump on political crisis The US stock and USD suffered their worst day when president Donald Trump faced political crisis. The New York Times reported notes from fired FBI director James Comey revealed that Donald Trump asked him to drop a probe

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USD Lack of fuel (16/05/2017)

2017-05-16 06:18:59
 

USD Lack of fuel The USD dollar was traded lower against all of the major currencies after Empire State Manufacturing Index released. The Index declined to -1 from 7 last month. Not only softer CPI, but also manufacturing index make investors confused to buy the

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USD Correction (15/05/2017)

2017-05-15 04:07:56
 

USD correction Retail sales rose 0.4% versus expectation of 0.6% while CPI rose 0.2% against expectation of 0.3%. Soft data lowered USD slightly. The market believes that the Fed will raise its policy rate next month. Rate hike expectations dropped due to US eco

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