US Dollar (USD)

The Single currency's decline in the past week is evidence of a major pricing in factor ahead of the December ECB meeting. The single currency declined nearly -5.62% against the British Pound while losing -6.27% to the US Dollar over the…
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The private payrolls report from ADP is due for release later this afternoon. Expectations are for the US economy to have added 183k private jobs in the month of October, modestly lower from the 200k jobs added a month ago. Although private…
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Last week saw the markets return to the main fundamental theme of monetary policy divergence. Just a few weeks after the ECB announced its intentions for further expanding the QE program at the December meeting, the Federal Reserve sent a…
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The second estimate for the US quarterly GDP data is due today and marks an important data release on a rather quiet trading day. The median forecasts expect to see the US second quarter GDP to rise to 3.2% from the initial estimates of…
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Trading Oil, whether it is Crude Oil (WTI or US Oil) or Brent Oil (XTI or UK Oil) can be oddly different than trading currencies or any other markets for that factor. Most traders tend to make the mistake of trading Oil just as they would…
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The second quarter advance GDP estimates is due for release later this evening. Heading into the event, the market consensus is for the US GDP to have grown at a pace of 2.6% during the second quarter, up from a dismal -0.2% contraction…
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Greek lawmakers finally managed to pass the bailout agreement that would see the country on course to receive its 3rd bailout while being considered for a bridge financing loan from the EFSF for the interim. The bailout parliamentary vote…
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The US dollar and capital markets have apparently lost their appeal, especially before a hot weekend in Athens. Despite the somewhat disappointing Non-Farm Payrolls yesterday (223k), the falling Average Hourly Earnings (0.0%), the increased…
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The market participants are likely to take a breather from the onslaught of Greek headlines and temporarily shift focus back to the US. On account of July 4th being the US Independence day bank holiday, the BLS is slated to release the June…
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Despite a few economic indicators showing some pickup in the US economy, the US Dollar has failed to capitalize on the positive data. The recent slump in the Greenback was triggered earlier this week on account of a weaker PCE data which…
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