Community
Blog
alifari's Blog

alifari's Blog

Avatar

DAY 6 - US DOLLAR OUTLOOK

alifari Posted 6 May  in #Trader's blog #Outlook #Us Dollar
Today's NFP numbers were disappointing and well below market expectations. I was anticipating similar numbers mainly because if we look at last few weeks US economic data there was clear hint of a slowdown in economic growth and as a result businesses were expected to be cautious in hiring new employees.
After today's numbers the chance of a rate hike by Fed's have somewhat diminished and I am expecting US Dollar to decline against other major currencies in coming weeks.
In recent times, market …
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

DAY 19 - US DOLLAR REBOUNDS

alifari Posted 19 May  in #Trader's blog #Us Dollar #Rebounds
Last week US Dollar declined against all major currencies, however today we have seen quite a come back as USD rise all across the board. All eyes are now on FOMC Meeting Minutes now, as traders would be looking for hint as to when Fed's are more likely to raise interest rate.
Keeping in view some recent news, the best pair to look for trade opportunities is EURUSD, as the Greece issue is still unsolved plus lack of growth in Euro zone is once again putting downward pressure on this pair.
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

US Dollar Ending Week Quietly

alifari Posted 21 Feb.  in #Trader's blog #Week #Us Dollar

The US dollar is little changed against the major currencies. It has spent the week largely consolidating the recent moves. After falling against all the major currencies last week, it recovered somewhat against most this week. The main exceptions were the euro and Swiss franc, which have gained less than 0.3%.
The weakest of the major currencies have been the Swedish krona, which has been undermined by the shift in sentiment back toward a rate cut following soft CPI data (deflation) earlier…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments