US stocks touched session lows, and as an effect, the dollar came out stronger. The US currency posted gains across the board in the forex trading market. The mixed economic data include worse-than-expected Core Durable Goods Orders, which fell to -0.8% from the 0.2% forecast, and the better-than-expected New Home Sales, which jumped to 307K vs. 300K forecast. The US stock markets had mixed results, with NASDAQ increasing by 0.24% and Dow Jones falling by 0.39%. The price of the crude oil closed at almost $82/barrel after falling by 0.7%, and gold closed at $1,325 ounce after a decline.

The dollar came out strong versus the euro for two straight days, with the EUR/USD pair trading at a high of 1.3877 and a low of 1.3733. Should the currency pair trade beyond the support level of 1.3740, the EUR/USD might fluctuate back to the 1.38 levels and even trade beyond this zone. The British pound also plunged versus the dollar, back to the level without the prior days’ gains. The weaker GBP/USD can be attributed to the stronger dollar and the negative opening of the Wall Street. The GBP/USD pair touched a low of 1.5728 and a high of 1.5863. As the pair trades above the support level of 1.57, the pair might be seen even pushing beyond the 1.58 level.

The US dollar rebounded after an increase in US consumer confidence in October, jumping from the expected 49.3 to 50.2. A big leap after hitting a 7-month low has fueled forex trading investors’ preference to the dollar over other currencies. Both stock markets increased, by 0.26% for NASDAQ and by 0.05% for Dow Jones. As for the price of crude oil, it fell by 0.1% to close at $82.55/barrel. Gold closed at $1,338.60/ounce after also falling by 0.1%.

After going strong for the past few days, the euro fell against the dollar. As it seems, the weaker euro resulted from talks about Fed Reserve’s increased debt purchases that will affect inflation. Once the EUR/USD breaches the 1.3950 level, the euro will move on with its positive momentum. The EUR/USD pair reached a high of 1.3982 and a low of 1.3825.

On the other hand, the market saw a stronger British pound after a remarkable improvement in the UK economy. From an initial forecast of 0.4% for the third quarter, GDP climbed to 0.8%. The GBP/USD has a resistance level of 1.5900 on the one-hour analysis chart. When the currency pair trades below this level, it is a negative momentum for the British currency. The GBP/USD posted a high of 1.5896 and a low of 1.5706.

After trading mixed, the US dollar fell against most currency majors in the forex trading market. The better than expected home sales data, which came out at 4.53M vs. 4.25M forecast, didn’t help boost the US currency. Instead, the G20 seems to be largely influencing the market movement. On the other hand, the US stock markets managed to go up by 0.46% for NASDAQ and 0.28% by Dow Jones. As for the commodities market, crude oil closed at $82.52/barrel after a 1.00% increase and gold closed at $1,340/ounce after a 1.1% increase.

The euro managed to push through with its rally versus the US dollar, especially after Industrial New Orders came out better than the expected 2.1%, at 5.30%. Following a stronger euro, the EUR/USD traded at a high of 1.4079 and a low of 1.3935. After touching its highest weekly loss since August, the British pound managed to pull some gains versus the US dollar. This is despite the fact that Mortgage Approvals came out at 31.10K, which is worse than the expected 31.60K. The strengthening of the British pound can be attributed to the investors’ search for better yielding currencies. In which case, the buyers overpowered the sellers. In the end, the GBP/USD traded at a high of 1.5772 and a low of 1.5677.

The forex trading market is still being heavily affected by the US Federal Reserve and its monetary policies. One of the currencies that has been able to make some gains against many of the majors is the euro. The euro gained against the US dollar, the Japanese yen, and the British pound. Against the Japanese yen, the euro was able to gain by 0.17% to close at around the 112.17 mark. Against the British pound, the euro was able to gain by around 0.38% and close at 0.8775. Against the dollar, the euro was able to gain by around 0.46% to close at 1.3792.

The yen was also able to gain against the dollar. In fact, the USD/JPY pair tested the 15-year low that it was able to reach over the past week. The USD/JPY pair was able to hit the 81.20 range during the European trade day before closing at 81.26 to lower by around 0.39%.

The dollar has been in a slump over the past few days. This is largely because of the forex trading investor worries over US monetary policy. It seems as though the dollar is starting to get back on track, though, as it has posted gains against most of the majors. This is largely due to the fact that the Federal Reserve has finally let out its announcements and the dollar has benefited from some favorable economic data. The NAHB Housing market increased to 16.00 instead of the expected 13.00, and the TIC Net Long-term Transactions data also came out much better than expected at 128.70B instead of the projected 47.5B. Dow Jones gained by 0.48%, NASDAQ gained by 0.73%, crude oil gained by 2.3% to close at $83 per barrel, and gold gained by a small margin to close at $1,372 per ounce.

The euro declined versus the dollar, with the EUR/USD pair trading at a low of 1.3830 and a high of 1.3999. The British pound also fell versus the dollar, and the GBP/USD pair traded at a low of 1.5834 and a high of 1.5993. The USD/JPY pair traded at a low of 81.12 and a high of 81.39.

Forex trading investors were worried that the US Federal Reserve might ease monetary policy in hopes of spurring on the economy. This led the dollar to lose against most of the majors. In fact, the dollar fell to a 10-month low before it started edging back upward to regain some of its losses. Lots of negative economic data came in for the US, including worse-than-expected data in categories such as initial jobless claims and trade balance, as well as a drop in both the NASDAQ and Dow Jones.

In Europe, the euro was able to gain against the dollar as the EUR/USD pair traded with a low of 1.3980 and a high of 1.4122. In the UK, the British pound also gained against the dollar with the GBP/USD pair trading at a low of 1.5932 and a high of 1.6067. The yen also gained against the dollar as the USD/JPY pair hit a 15-year low of 80.88. The pair traded at a low of 80.89 and a high of 81.72.

Following the trend of a weaker dollar, the US currency slipped into a 10-month low and fell against the major currencies in the forex trading market. There were speculations that Fed Reserve will be supporting prices by easing the monetary policy further, which can greatly affect the movement of the dollar. The US stock markets rose by 0.96% for NASDAQ and 0.69% for Dow Jones. Both gold and crude oil increased to close at $1,370.50 per ounce and $83.01 per barrel respectively.

The euro continued to bolster versus the dollar, and in fact, touched one of the highest levels starting from January. The high level was reached after industrial production results came out at 1.00%, which is way better than the 0.10% forecast. With a bullish momentum, the EUR/USD traded at a a high of 1.4094 and low of 1.3912.

The British pound also rose against the dollar, thanks to the weaker dollar trend and better-than-expected unemployment data. The GBP/USD is also on a bullish momentum, with the currency pair trading at a a high of 1.6000 and a low of 1.5774.

The US dollar went down against the major currencies in the forex trading market. This movement is triggered by the decision of Fed Reserve policymakers to buy Treasury securities. In an effort to add stimulus, they also plan on enhancing inflation expectations. These plans would affect the dollar in a negative way as these changes are expected to lead to the stock markets erasing some losses. Both Dow Jones and NASDAQ went up by 0.09% and 0.65% respectively. Closing at $1,346.70 per ounce, the price of gold declined by 0.6%. Crude oil also went down by 0.7% and ended up at $81.67 per barrel.

The euro was able to recover from its loss and gained against the dollar, followed by the weakening of the dollar as a result of the recent Fed Reserve meeting. The EUR/USD pair is still in a bullish momentum. In the end, the EUR/USD traded at a low of 1.3775 and a high of 1.3939. On the other hand, the British pound pushed through with its losses versus the dollar for 5 days. The weaker British pound is affected by the Bank of England’s declarations about the poor economic forecast. In the end, the GBP/USD traded between 1.5753 and 1.5917.

After trading mixed with many forex majors for the last few days, the dollar hit a slump in the forex trading market. This is triggered by the ISM Manufacturing PMI, which fell to 54.40 from 54.50. The mixed economic data also included the core PCE price index, which plateaued at 0.1%, the Revised UOM Consumer Sentiment, which rose from 67.1 forecast to 68.2, and finally, the Personal Spending, which jumped to 0.40% from 0.30% forecast. Despite the weakening of the dollar, the stock markets made some gains after Dow Jones went up by 0.39% and NASDAQ by 0.09%. Gold reached another new high at $1,320.5 until it ended up at 1,318.87 per ounce. Crude Oil also made some gains from previous days to close at $81.69 per barrel.

Though plagued by debt concerns over the past few days, the euro managed to touch another record in 6 months. The better than expected results of the Final Manufacturing PMI, from 53.6 to 53.7, largely influenced this move. In the end, the EUR/USD pair traded between 1.3628 and 1.3791.

In the UK, the Manufacturing PMI fell from 53.9 to 53.4. Despite these economic data, the British pound managed to pull some gains agains the dollar. The GBP/USD traded at a low of 1.5703 and a high of 1.5872.

The US dollar didn’t make any leaps and bounds and remained almost unchanged versus major currencies, as Federal Reserve still works on easing the monetary policy. The stock markets both fell, with Dow Jones losing by 0.44% and NASDAQ by 0.48%. The crude oil closed nearly unchanged at 76.50 per barrel, while gold climbed to $1,298.60 per ounce after a 0.1% increase.

After touching a 5-month high versus the dollar, the euro slipped a bit over concerns of impending debt trouble in Ireland, Portugal, and European banks. Despite this, the momentum is still bullish for the euro in the forex trading market. In the end, the EUR/USD closed with a low of 1.3425 and a high of 1.3506. The GBP/USD traded at a high of 1.5867 and a low of 1.5787, not exactly posting any substantial changes against the dollar.

The Japanese yen traded within a narrow range against the dollar, as the USD/JPY traded at a high of 84.37 and a low of 84.11. The Canadian dollar fell against the US dollar and failed to reach a 6-week high. The USD/CAD traded between 1.0223 and 1.0305.