ATF Trading Room

USD Finally Finds Relief Following Positive July Jobs Data


The dollar is indeed rallying in early trading after jobs data impressed. Employers added 209K workers in the month of July, beating expectations of a 180K. Last month’s print was also upwardly revised by 9K. The unemployment rate held at 4.3%...


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


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...


Forex News

GDP and Consumption Fail to Make Positive Impact on the U.S. Dollar


The U.S. Dollar weakness continued following the release of Gross Domestic Product and Personal Consumption figures. GDP quarter-over-quarter growth for Q2 came in at 2.6%, just under the estimated 2.7% ...


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


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...


Forex Outlook

Commerzbank EUR, GBP and JPY Forecast

EU flag

In the short term, the euro should continue to trend stronger, due to the political chaos in the US and the ECB passing off a reduction of bond purchases as a success in September. EUR/USD will not probably be able to decrease before 2018...


The Week in Focus: July 10 – 14 Outlook

ECB Draghi

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...


Forex Research

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

Currency Rates

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


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...


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