Weekly Technical Update: Greenback Weakened Post Non-Farm Payroll

Friday, September 3rd, 2010

The USD was in consolidation/ correction mode this week ahead of the NFP. This is in a sense the market’s way of paring some overextended USD gains, but also offers a chance for the market to continue with greenback strength

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Weekly Technical Update: Greenback Weakened Post Non-Farm Payroll

Nonfarm Positive Surprise: Shouldn’t USD Rally?

Friday, September 3rd, 2010

Here is the market’s apparent logic of late: we supposed to sell the USD because the economy in the US is looking so terrible and weak data means ever lower US yields and a Fed that will devalue the USD to save the economy.

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Nonfarm Positive Surprise: Shouldn’t USD Rally?

USD Modestly Lower Ahead Of Employment Data

Thursday, September 2nd, 2010

The dollar traded mostly lower on Thursday ahead of important US employment data on Friday.

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USD Modestly Lower Ahead Of Employment Data