http://www.fxstreet.com/technical/market-view/daily-forex-outlook/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-20.htmlBig pull back in Global stocks U.S. Dollar Trading (USD) was very strong for most of the day as stocks around the world suffered from heavy profit taking and concerns of new bubbles in assets. Weekly Jobless claims were at forecasts of 505k whilst the November Philly Fed was stronger at 16 vs. 11.5 previously. In US Stocks, DJIA -93 points closing at 10332, S&P -15 points closing at 1094 and NASDAQ -36 points closing at 2156. The Euro (EUR) was very heavy as USD strength and EUR/JPYFri, 20 Nov 2009 02:26:28 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-20.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-19.htmlGold Trades above $1150 U.S. Dollar Trading (USD) eased for most of the day as the recent strength proved temporary and US stocks remained well supported near highs. Fed Speaker Bullard did little to help the USD with his comments that US rates may stay low until 2012. October CPI at 0.3% vs. 0.2% forecast. October Housing starts -10.6% vs. 1.9% previously. In US Stocks, DJIA -11 points closing at 10426, S&P -1 points closing at 1109 and NASDAQ +10 points closing at 2193. Looking ahead,Thu, 19 Nov 2009 01:46:56 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-19.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-18.htmlEURO bows to resurgent USD U.S. Dollar Trading (USD) took charge of the market with Bernanke's comments being endorsed by ECB President Trichet to send the EURO lower and USD stronger across the board. Even as US stocks closed at year highs, risk was taken off the table as US data was weaker than expected. October Industrial Output was 0.1% vs. 0.4% forecast. In US Stocks, DJIA +30 points closing at 10437, S&P +1 points closing at 1110 and NASDAQ +6 points closing at 2203. Looking ahead,Wed, 18 Nov 2009 01:43:00 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-18.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-17.htmlBernanke Comments on Dollar U.S. Dollar Trading (USD) was on the back foot for most of the day as Global equities remained buoyant in the wake of APEC meeting confirming stimulus and declining to comment on the USD. Fed Chief Bernanke did however support the dollar and for a short period in the US session the USD surged off fresh year lows as the market digested his comments. Doubts about the conviction of the FED to support the dollar though saw these gains pared back into the close withTue, 17 Nov 2009 01:38:20 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-17.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-16.htmlUSD Weakness Resumes U.S. Dollar Trading (USD) gave back most of the gains from Thursday as US stocks rebounded and Gold led the charge higher. US Trade deficit in September widened to -$36.5bn vs. -$31bn forecast. University of Michigan Consume Sentiment was also weaker at 66 vs. 70.6 previously. In US Stocks, DJIA +73 points closing at 10270, S&P +6 points closing at 1093 and NASDAQ +18 points closing at 2167. Looking ahead, September Business Inventories forecast at -0.6% vs. -1.5%Mon, 16 Nov 2009 03:03:51 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-16.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-13.htmlUSD strong as Stocks pull back U.S. Dollar Trading (USD) gained across the board as USD shorts covered on the back of falling stocks and comments from Chinese Premier Wen Jiabao that the global recovery road will be bumpy. Also supporting the dollar was very weak Oil and comments from US Treasurer Geithner about a strong US dollar policy and the cutting of US deficits. Weekly Jobless claims were 502k vs. 510k forecast. In US Stocks, DJIA -93 points closing at 10197, S&P -11 points closingFri, 13 Nov 2009 02:48:10 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-13.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-12.htmlPound Hit by King's comments U.S. Dollar Trading (USD) hit fresh lows on the dollar index breaking through 75 to fresh lows this year. Gold continued to edge higher in light trade with the US away. Stocks finished higher across the board but the USD did mange to bounce off lows with Pound losses leading the way. In US Stocks, DJIA +44 points closing at 10291, S&P +5 points closing at 1098 and NASDAQ +15 points closing at 2166. Looking ahead, Weekly Jobless claims forecast at 510k vs. 512kThu, 12 Nov 2009 01:33:47 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-12.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-11.htmlMarkets Consolidate Gains U.S. Dollar Trading (USD) gained in Asia as profit taking set in but this proved short lived as stocks in the US eked out small gains to bring the rally into its 7th day. Little data was released but five Fed officials did speak throughout the day with the general message of prolonged low rates helping to support the market on dips. In US Stocks, DJIA +20 points closing at 10246, S&P +0 points closing at 1093 and NASDAQ -3 points closing at 2151. Looking ahead,Wed, 11 Nov 2009 01:46:53 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-11.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-10.htmlGlobal Stocks Rally, USD Weak U.S. Dollar Trading (USD) a global stock rally led most pairs to gain against the greenback as investors searched for higher yielding investments. AUD and NZD were especially strong with the highest interest rates of the major currencies. Gold rallied past $1100 for fresh all time highs. In US Stocks, DJIA +203 points closing at 10226, S&P +23 points closing at 1093 and NASDAQ +41 points closing at 2154. Looking ahead, FOMC members Yellen and Lockhart speak.Tue, 10 Nov 2009 04:15:28 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-10.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-09.htmlUS Unemployment Rate passes 10% U.S. Dollar Trading (USD) a surprise jump in the October Unemployment Rate to above the psychological 10% barrier kept the rebound in investor confidence contained on Friday with the stock market ending unchanged and the Dollar on the back foot. The actually figure of -190k was only slightly worse than forecasts of -175k but enough for commentators to agree that the Fed will not be raising rates in the next 6 months. In US Stocks, DJIA +17 points closing atMon, 09 Nov 2009 01:57:55 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-09.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-06.htmlUS Unemployment Data Looming U.S. Dollar Trading (USD) with stocks rallying for a 4th day the market went back into 'risk on' mode and the USD was on the back foot. Weekly Jobless claims were 512k vs. 530k previously. Q3 Productivity at 9.5% was very strong vs. 6.5% forecast. In US Stocks, DJIA +203 points closing at 10005, S&P +20 points closing at 1066 and NASDAQ +49 points closing at 2105. Looking ahead, October Non Farm Payrolls forecast at -175k vs. -263k previously. The OctoberFri, 06 Nov 2009 01:33:45 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-06.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-05.htmlFED remains Dovish, USD Weak U.S. Dollar Trading (USD) was on the back foot as stocks rallied around the world and the Federal Reserve left rates at 0.25% and stating that rates would remain low for an extended period of time. ADP October Employment Report was -203k vs. -188k previously. Also released, ISM Services forecast at 50.6 vs. 51.6 forecast. In US Stocks, DJIA +30 points closing at 9802, S&P +1 points closing at 1046 and NASDAQ -2 points closing at 2055. Looking ahead, WeeklyThu, 05 Nov 2009 02:29:20 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-05.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-04.htmlAttention turns to FOMC U.S. Dollar Trading (USD) hit multi-week highs in Europe against a raft of currencies as banking worries put stock markets on the back foot. News of India buying gold and Warren Buffet making a large investment in US railways help the US reverse the market's direction and helped gold to rally to fresh year highs above $1080. September Factory Orders forecast at 0.8% were actually 0.9%. In US Stocks, DJIA -17 points closing at 9771, S&P +2 points closing at 1045 andWed, 04 Nov 2009 03:06:42 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-04.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-03.htmlUS Manufacturing expands U.S. Dollar Trading (USD) was mixed as stocks remained volatile with good data not generating substantial gains in the stock markets. October ISM Manufacturing was 55.7 vs. 53 forecast. September Pending Home Sales gained 6.1%. The Dollar hit day highs at the start of Asia as the market opened Monday on a very shaky footing. In US Stocks, DJIA +76 points closing at 9789, S&P +7 points closing at 1043 and NASDAQ +4 points closing at 2049. Looking ahead, SeptemberTue, 03 Nov 2009 01:27:45 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-03.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-02.htmlDark Clouds Return, Dollar Gains U.S. Dollar Trading (USD) was very strong as risk aversion came back into the market as concerns about CIT bankruptcy and weak personal spending -0.5% in September sent US stock markets down over 2.5%. Also of note to traders was the largest jump in the VIX index this year, up over 20% on the day. In US Stocks, DJIA +199 points closing at 9712, S&P -29 points closing at 1036 and NASDAQ -52 points closing at 2045. Looking ahead, October ISM Manufacturing isMon, 02 Nov 2009 02:40:01 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-11-02.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-30.htmlSharp Bounce Rescues Bulls U.S. Dollar Trading (USD) gave back all the gains of the previous day as the US economy emerged from recession a blistering 3.5% pace in Q3. Major stimulus programs and large rebounds in asset values all helped the economy recover. Stocks soared and risk appetite came back to life. In US Stocks, DJIA +199 points closing at 9962, S&P +23 points closing at 1066 and NASDAQ +37 points closing at 2097. Looking ahead, September Core PCE Index previously at 0.2% vs.Fri, 30 Oct 2009 01:26:33 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-30.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-29.htmlMarket Plunges, Dollar Soars U.S. Dollar Trading (USD) was second only to the Yen as markets around the world were deep in the red and risk aversion came back into play. September Durable Goods Orders 1.0% vs. -2.6% previously. Hurting sentiment was the large drop in September Home Sales at 402k vs. 440k forecast. In US Stocks, DJIA -119 points closing at 9762, S&P -20 points closing at 1042 and NASDAQ -56 points closing at 2059. Looking ahead, Q3 GDP is forecast at 3.3% vs. -0.7%Thu, 29 Oct 2009 03:07:24 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-29.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-28.htmlEuro Continues lower U.S. Dollar Trading (USD) was strong in general as US stocks remained on the back foot. Risk sentiment was also dented by a large fall in US consumer Confidence with October dropping to 47.7 vs. 53.4 previously. August Case-Shiller House prices rose 1.2% vs. 0.7% forecast. In US Stocks, DJIA +14 points closing at 9882, S&P -3 points closing at 1063 and NASDAQ -25 points closing at 2116. Looking ahead, September Durable Goods Orders forecast at 1% vs. -2.6% previously.Wed, 28 Oct 2009 01:45:54 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-28.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-27.htmlUS Stocks Slide U.S. Dollar Trading (USD) gained across the board as US stocks came under continued pressure and reports that China should diversify its reserves into Euro's and Yen was discounted as personal opinion of the author. Banking stocks led the market lower. In US Stocks, DJIA -104 points closing at 9867, S&P -12 points closing at 1066 and NASDAQ -12 points closing at 2141. Looking ahead, August Case Shiller House prices are forecast at 0.7% vs. 1.6% previously. Also released, CBTue, 27 Oct 2009 01:43:48 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-27.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-26.htmlUSD finding support U.S. Dollar Trading (USD) was on the front foot as risk appetite waned and profit taking on the most pairs saw the USD gain across the board. The Euro struggled to stay above 1.5000 and USD/JPY made fresh multi-month highs above the 92 Yen level. September Existing Home Sales +9.4% vs. 5% forecast. In US Stocks, DJIA -109 points closing at 9972, S&P -13 points closing at 1079 and NASDAQ -10 points closing at 2154. The Euro (EUR) had a mixed day but fell in the end withMon, 26 Oct 2009 02:49:16 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-26.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-23.htmlStocks Soar in US U.S. Dollar Trading (USD) gained during the day as hedge fund sales of long NZD, AUD positions helped the Dollar. A sharp reversal in US stocks put the USD on the back foot with the EURO regaining the 1.5000 level. Weekly Jobless Claims at 531k vs. 515k previously. In US Stocks, DJIA +131 points closing at 10081, S&P +11 points closing at 1092 and NASDAQ +14 points closing at 2165. Looking ahead, September Existing Home Sales forecast at 5.35mln vs. 5.1mln previously. TheFri, 23 Oct 2009 02:28:03 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-23.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-22.htmlEuro breaks above 1.5000 U.S. Dollar Trading (USD) suffered broadly as the Euro broke above 1.5000 and Oil broke above $80 for the first time this year. The dollar did well into the close off as the US stock market was sold off. In US Stocks, DJIA -92 points closing at 9949, S&P -9 points closing at 1081 and NASDAQ -12 points closing at 2150. Looking ahead, Weekly Jobless Claims are forecast at 515k vs. 514k previously. The Euro (EUR) took out the 1.5000 level as traders bought the singleThu, 22 Oct 2009 01:55:53 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-22.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-21.htmlMarket Jitters Again U.S. Dollar Trading (USD) the USD was on the back foot in Asia as hawkish RBA comments sent AUD and EURO to fresh highs. Weak US stocks on the back of disappointing Housing Starts at 0.59m vs. 0.61m forecast. The USD gained as equities fell but Q3 Earnings were very strong in general so dips may prove short lived. In US Stocks, DJIA -50 points closing at 10041, S&P -6 points closing at 1091 and NASDAQ -19 points closing at 2163. Looking ahead, Crude Oil Inventories isWed, 21 Oct 2009 01:25:40 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-21.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-20.htmlRisk Appetite turned back on U.S. Dollar Trading (USD) resumed weakening overnight as stock buying resumed on speculation that Q3 results will be robust. There was little data out and Bernanke's speech was failed to offer the dollar support and if anything added to its woes by stating china must let there currency appreciate against the dollar to help rebalance the global economy. In US Stocks, DJIA +96 points closing at 1092, S&P +10 points closing at 1097 and NASDAQ +19 points closing atTue, 20 Oct 2009 01:43:46 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-20.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-19.htmlDollar Rebounds as Mood Sours U.S. Dollar Trading (USD) gained for the first time during the week as US stocks came off year highs. Bank of America led the market lower after disappointing Q3 Earnings. October University of Michigan fell to 69.4 vs. 73.5 previously. US Industrial Production rose 0.7% in September. In US Stocks, DJIA -67 points closing at 9995, S&P -9 points closing at 1087 and NASDAQ -16 points closing at 2156. Looking ahead, FED Chairman Bernanke speaks. The Euro (EUR)Mon, 19 Oct 2009 02:36:06 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-19.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-16.htmlOil higher, AUD still commanding U.S. Dollar Trading (USD) was whippy in trading on Thursday mixed against a number of majors, and posted rebounds against XAU. On the data front the initial jobless claims fell by 10k to 514k, coinciding with 10 month lows whilst the big surprise was the US Empire manufacturing index expanding to 34 from 24 in October (five year highs). In U.S share markets the DJIA rose by 47 pt (0.5%) whilst the NASDAQ was also up by 0.1%.  The Euro (EUR) set fresh 2009Fri, 16 Oct 2009 03:17:40 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-16.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-15.htmlDJIA above 10,000 boosting global sentiment. U.S. Dollar Trading (USD) eased slightly on Wednesday as equity markets were higher and optimism surrounding Global recovery. Despite Fed reserve member Kohn addressing Unemployment possibly topping 10%, recovery being more gradual than V-shaped, and concerns surrounding the reserve status of the greenback. Such comments assumed that interest rates would remain low for some time. On the data front US Retail Sales data fell less than expected, byThu, 15 Oct 2009 03:04:47 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-15.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-14.htmlEarnings season stalls equity market rally. XAU sets fresh record high. U.S. Dollar Trading (USD) was weakened considerably on Tuesday as Russian Finance Minister said he expected the diversification of reserves to continue. Any further downside was limited as Equity markets in the US failed to rally prompting a temporary risk aversion reaction, hence the USD was able to pair back much of its losses. Disappointing readings in profit earnings and downgrading in Goldman Sachs to neutral by anWed, 14 Oct 2009 01:18:59 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-14.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-12.htmlBernanke is ready if the economy is.  U.S. Dollar Trading (USD) traded higher against a number of majors as Fed Chairman Bernanke signaled that rates would tighten once the economy improves, although accommodative policy would likely be needed for an extended period. Hence the thought of exit strategies being at the forefront of the Central Bank’s mind ensured the market propped up the USD. In US share markets the NASDAQ traded higher by 15.35 pts (+0.72%) whilst the DJIA also tradedMon, 12 Oct 2009 02:08:14 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-12.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-09.htmlECB and BoE hold rates U.S. Dollar Trading (USD) fell on Thursday pressured by gains in US equities following a better than expected earnings forecast from Alcoa, improving risk appetite and outlook for recovery. In data specific news, Initial Jobless claims declined by 33k to 521k versus forecasted 545k. US share markets saw the DJIA up by 61.29 (+0.63%) whilst the NASDAQ was also higher by 11.42 points (+0.84%)    The Euro (EUR) rallied higher, supported by a positive readingFri, 09 Oct 2009 02:39:28 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-09.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-07.htmlRBA first to pull the trigger, as XAU trades at record high of 1,043 U.S. Dollar Trading (USD) slipped to record lows versus Gold following speculation that Arab states were in secret meetings to trade Oil in non-Dollar denominated contracts, ending the use of USD pricing for the highly sought commodity. Reports in the Independent UK implied that a move to a basket of currencies were favoured, including the Euro, Yuan, Yen and Gold, were later denied by Russian, Kuwait and Saudi officials.Wed, 07 Oct 2009 02:40:51 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-07.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-06.htmlG7 fails to call for a stronger USD. AUD still on target U.S. Dollar Trading (USD) lost further ground despite ISM services rising from 48.4 to 50.9 for the first time since September 2008. Such figures help share markets shrugging off the disappointment of last Fridays NFP data in which -263K jobs were lost vs. -180k forecasts. The DJIA rose 112.08 pts (1.18%) whilst the NASDAQ also gained 15.19 pts (1.16%). The Euro (EUR) gapped higher first thing Monday morning as the G7 communiqué failedTue, 06 Oct 2009 03:25:35 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-06.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-02.htmlUS Stocks Plunge U.S. Dollar Trading (USD) found strength in Adversity as risk trades were pared back overnight. US stocks fell the most in 3 months on the first day of the quarter as data missed expectations. US September ISM manufacturing was at 52.6 vs. 54 forecast. Weekly Jobless claims at 550k vs. 530k previously. Market very nervous ahead of tonight's NonFarm Payrolls data. US Automakers showed a massive slump in sales during September as the Cash for Clunkers program ended. In USFri, 02 Oct 2009 02:24:37 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-02.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-01.htmlOil Soars Above $70 a barrel U.S. Dollar Trading (USD) lost ground after a few days of strength and consolidation. Commodity currencies led the rally against the Dollar with AUD/USD breaking fresh year highs. US Data was surprisingly weak with September ADP Employment -254k vs. -200k expected. Chicago PMI forecast at 52 shocked at 46.1. In US Stocks, DJIA -29 points closing at 9712, S&P -3 points closing at 1057 and NASDAQ -1 points closing at 2122. Looking ahead, ISM ManufacturingThu, 01 Oct 2009 03:49:43 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-10-01.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-09-30.htmlUSD Getting Support Talk U.S. Dollar Trading (USD) gained as Officials in Japan and the European Union continued to support the Dollar and traders took risk off the table as US consumer data sparked fresh concerns. September Consumer Confidence slipped to 53.1 vs. 57 forecast and 54.5 previously. July Case Shiller forecast at 0.5% came in strong at 1.6% m/m but was unable to help market sentiment. In US Stocks, DJIA -47 points closing at 9742, S&P -2 points closing at 1060 and NASDAQ -6Wed, 30 Sep 2009 00:59:01 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-09-30.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-09-29.htmlUS Stocks Rebound on M&A action U.S. Dollar Trading (USD) found strength in Asia on Nikkei losses (-2.5%) but had a very volatile day against the Yen. A sharpy reversal in Sentiment in the US session from a substantial broad based rally in US stocks sent the Dollar lower once again. Oil rallied as much as $2 from lows with Iran concerns helping to underpin. Crude Oil was up $0.82 closing at $66.84. In US Stocks, DJIA +124 points closing at 9789, S&P +18 points closing at 1062 andTue, 29 Sep 2009 01:31:07 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-09-29.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-09-28.htmlUS stocks fall for a third day U.S. Dollar Trading (USD) failed to gain from the fall in stocks although any weakness in Majors was mild except for the USD/JPY. Oil was also able to bounce after heavy losses during the week as concerns over Iran's second nuclear reactor sparked fresh geopolitical concern. August Durable Goods fell -2.4% vs. 0.9% forecast. Crude Oil was up $0.12 closing at $66.02. In US Stocks, DJIA -42 points closing at 9665, S&P -6 points closing at 1044 and NASDAQ -16Mon, 28 Sep 2009 04:29:55 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-09-28.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-09-24.htmlFOMC Upgrades View, Stocks Dip U.S. Dollar Trading (USD) was extremely volatile inline with most FOMC trading days. The market initially sold USD after the announcement on the comment that interest rates would be kept low for an extended period of time. The sharp reversal in the last hour of trade on US stocks sent the Dollar surging higher. Commodities crashed led by Oil down over 3%. Crude Oil was down $2.79 closing at $68.97. In US Stocks, DJIA -81 points closing at 9748, S&P -10 pointsThu, 24 Sep 2009 03:00:05 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-09-24.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-09-23.htmlUSD Crumbles ahead of FOMC U.S. Dollar Trading (USD) started to fall in Asia and the move accelerated in Europe as the market through caution to the wind and sold the dollar aggressively. New Year Highs were seen on the EURO, CHF and NZD against the Dollar. Traders were caught a little off guard as many thought the trading would be contained ahead of the FOMC announcement. Crude Oil was down $1.84 closing at $91.55. In US Stocks, DJIA +51 points closing at 9829, S&P +7 points closing atWed, 23 Sep 2009 02:08:22 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-09-23.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-09-22.htmlUSD Starts to Climb on FOMC Uncertainty U.S. Dollar Trading (USD) was well supported from the open Monday as the market took risk off the table ahead of Wednesday's FOMC meeting. The meeting could prove critical for the USD as policy makers express their thoughts on an exit strategy and signal their beliefs about the US economy. August Leading Indicators were 0.6% vs. 0.8% forecast. Crude Oil was down -$2.33 closing at $69.71. In US Stocks, DJIA -41 points closing at 9778, S&P -3 pointsTue, 22 Sep 2009 02:03:47 GMThttp://www.fxstreet.com/technical/market-view/info@easy-forex.com (Easy Forex)http://www.fxstreet.com/technical/market-view/daily-forex-outlook/2009-09-22.html