U.S. Dollar Trading (USD) was buoyed by month end buying of the USD but in general the market was very quiet with the US markets closed for Memorial day. The markets were quite thin and so small orders were moving the market in a whippy fashion that kept many speculators

U.S. Dollar Trading (USD) was buoyed by month end buying of the USD but in general the market was very quiet with the US markets closed for Memorial day. The markets were quite thin and so small orders were moving the market in a whippy fashion that kept many speculators

It was a quiet European/US session, with the US and UK on holiday, S&P500 futures ranging sideways, and European stocks little changed. The notable data release overnight was Canada’s +0.6% GDP growth for March, beating the +0.5% consensus, and taking the annualized Q1 rate to +6.1%. That adds weight to

It was a quiet European/US session, with the US and UK on holiday, S&P500 futures ranging sideways, and European stocks little changed. The notable data release overnight was Canada’s +0.6% GDP growth for March, beating the +0.5% consensus, and taking the annualized Q1 rate to +6.1%. That adds weight to

Asia Session Recap

May - 31 - 2010

With the US and UK holidays over we saw Asia come in and continue the trend of late, selling Euros. An article in a UK paper saying that the ECB is warning of another waves of losses by Euro zone banks started the pressure on the Euro and it

Asia Session Recap

May - 31 - 2010

With the US and UK holidays over we saw Asia come in and continue the trend of late, selling Euros. An article in a UK paper saying that the ECB is warning of another waves of losses by Euro zone banks started the pressure on the Euro and it

U.S. Dollar Trading (USD) was buoyed by month end buying of the USD but in general the market was very quiet with the US markets closed for Memorial day. The markets were quite thin and so small orders were moving the market in a whippy fashion that kept many speculators

U.S. Dollar Trading (USD) was buoyed by month end buying of the USD but in general the market was very quiet with the US markets closed for Memorial day. The markets were quite thin and so small orders were moving the market in a whippy fashion that kept many speculators

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