ATF Trading Room

USD Stays Down with Little Help Coming from Recent U.S. Economic Data

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The dollar has been hampered by slowing economic indicators and the failure of the U.S. government to pass any meaningful legislation which casts doubt on the ability to eventually pass pro-dollar initiatives like infrastructure spending or tax reform...

 

EUR Rises After ECB Meeting Regardless of Lack of Hawkishness

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The EUR rally accelerated to best levels since 2015 in spite of the ECB President Mario Draghi's announcement which made it clear that QE will not be changed and that officials are still committed to expanding and extending the program as needed...

 

Forex News

Stagnation and Contraction- CPI and Retail Sales Hurt the U.S. Dollar

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The U.S. Dollar is pivoting downward following the release of truly disappointing inflation and retail sales data. Fed Head Janet Yellen’s testimony this week to the congressional Housing Committee already cast doubt on the Fed’s future hikes...

 

USD Back Under Pressure In Spite of Last Week’s Positive NFP Report

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Most of the U.S. dollar’s counterparts pushed higher today, fluctuating around their strongest levels since last summer, with the EUR producing yet another bullish breakout and registering a new 14-month high slightly below the 1.15 mark...

 
 

Forex Outlook

The Week in Focus: July 10 – 14 Outlook

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The ECB will soon have to reduce its bond purchases even though its policy goals have not really been attained. With the ECB increasingly likely to highlight the improving economy, the chances are that it might be successful with this bluff...

 

The Week in Focus: July 3 – 7 Outlook

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The euro is gaining sharply in the wake of an unintentionally hawkish speech by ECB President Mario Draghi. But the EUR/USD exchange rate is also supported by a Fed which appears to have recently become rather cautious about the economy...

 

Forex Research

Is Elliott waving goodbye to the U.S. dollar?

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Being a long-time observer of market dynamics one can`t help getting a sense of déjà vu when looking at the chart of US dollar index as it bears a very familiar Elliott Wave price structure to one seen not so long ago, which may surprise USD bulls...

 

The ‘Grand Old Party’ and the U.S. dollar

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A close examination of past administrations, major events on the world stage which have occurred since the end of the 1960s, and the US dollar trends, can provide a great insight of what the future might have in store for the greenback...

 

Bloomberg TV