ATF Trading Room

USD Trying to Break Higher after SNB left expansionary monetary policy unchanged


The USD managed to post gains against the CHF after the Swiss National Bank decided to leave rates unchanged at the record low -0.75%, once again called the Swissie "highly valued", and promised to "remain active in the foreign exchange market..."


U.S. Dollar Swinging On Mixed Non-farm Payrolls Data; Brexit Deal, Finally


Non-Farm Payroll figures revealed an expansion of 228K jobs, exceeding expectations of 195K. Nevertheless, the overall bag of data this morning came in mixed as Average Hourly Earnings managed to grow by just 0.2% instead of the estimated 0.3%...


Forex News

The USD Sentiment Is Suffering Hit By Political and Economic Headwinds


The dollar was hit by political and economic crosswinds that had the U.S. unit on its back foot. Dollar sentiment is suffering from the perception of the White House shifting in a more hawkish direction with respect to trade and potential global trade war...


U.S. Dollar Direction Is Now At The Mercy Of Progress In Washington


The USD has been swinging within tight ranges, closed the week in similar fashion as markets awaited news from Senate regarding the tax reform legislation. With the bill passing at 2:00 am on Saturday, next week's opening session should prove interesting...


Forex Outlook

GS FX Research: EUR and CAD Trade Ideas


Looking at the trading session ahead, Goldman Sachs strategists prefer not to chase EURUSD lower as it has already approached 1.1720 support, but would sell on rallies to 1.1810 or on a break below 1.1700, with EUR to be well supported near 1.1665...


GS Research Top Trades- Position for growth in EM FX


As we wind down 2017, analysts at GS Research see the potential for stronger global and EM growth in the new year, that could boost emerging market currencies and could create USD, SGD and JPY short opportunities against the BRL, INR, and IDR...


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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