United States Dollar Fundamental Analysis(including USDX)

[myregister]

US Dollar in Asian trade on Friday (16/9) moves rebound after two consecutive days experienced weakness against its rivals. On previous trading US dollar depressed by a barrage of bad economic data that largely undercut expectations of Fed rate hikes in the near future.

The US dollar weakened against rivals such as the pound sterling, Yen, swissfranc, and other commodities. Only against Euro, US Dollar managed to strengthen slightly after the previous trading day retreat from rally. Weakening movement of euro triggered by the Eurozone economic data released.

For today's trading, US dollar will receive positive sentiment from some economic data such as the data rate of inflation as well as core CPI and initial data based on a survey of consumer sentiment from the University of Michigan. In addition, rivals minimal movement with strong fundamentals driving.

The dollar index, which measures the strength of the US dollar against six major currencies trading stronger move after the start of trading Asia session opened higher at 95.25 and is now moving position at 95.27. Previous trading of US dollar was last down 0.1 percent.

[myregister]

US Dollar in Asian trade earlier in the week (17/9) moves retreat by profit taking back of the market which was because cautious ahead of the announcement of US Federal Rerserve for monetary policy is expected to announce a policy that lifted US dollar higher. Last week the dollar managed to print weekly gains that ended with high reinforcement respond inflation data for the United States in August increased from the previous period even from expectations. The increase in these data provide additional strength to the expectations of Fed rate hikes in the near future.

Today the forex market movements lack strong fundamental driving force for all the key global currency, economic data were released in the evening session only the data from the property sector is expected to show the same data at the NAHB Housing Market Index.

The dollar index, which measures the strength of the US dollar against six major currencies moving trading weak after the start of trading the Asian session opened higher at 96.04 and is now moving position at around 95.88. On previous trading, US dollar closed up 0.8 percent. And for the next trade is expected to be strong again after European markets opened.

[myregister]

In the ending of forex trading on Asia session, the US dollar selling pressure on the market since the opening of trading this week are still moving in negative zone. But preparing for a rebound if the European session amplifier signal weakened. Dollar under pressure from uncertainty over the Fed to raise interest rates at a meeting for 2 days starting tonight.

Dollar trading conditions earlier in the week so depressed by the above sentiment that the release of positive economic data was not able to lift the global primary rate. In early trading overnight US NAHB housing report developers confidence in the country rose to a higher score than the period of August.

Today the movement of the US dollar will still be influenced by the country's property sector report the data as building permits and housing starts, both the data is expected to show mixed data. Dollar index, which measures the strength of US dollar against six major currencies keep moving weakly after Asian session opened higher at 95.88 and is now moving at 95.86. Previous trading the US dollar fall down to 0.9 percent.

[myregister]

US dollar strength on the opening of American session is increased after the BOJ's decision weakens yen, trimmed slowly by several of its main rivals such as commodity exchange and swissfranc. Strengthening by these rivals then make USD get power from the strong fundamentals driving these currencies ahead of Fed policy announcement a few hours.

Commodities currency such as aussie(AUD), kiwi dollar(NZD) and the loonie (Canadian dollar) gets additional power to strong crude oil price movements were successful rally. But the most powerful pressure against US dollar comes from the expectation that the Fed stance will not change interest rate policy tonight. And if it really happened dollar will certainly drop severely.

The dollar index, which measures the strength of the US dollar against six major currencies trading stronger move still moving after the start of trading on Asia session opened lower at 95.97 and is now moving position at 96.00. In Asia session US dollar had touched a position at 96.32, the highest level since August 9.

[myregister]

Finalized the third day this week after completing America/New York session (21/9), US dollar is predicted to drop by the Fed's interest rate policy into reality. The dollar fell sharply against all its main rivals after Janet Yellen to convey the results of the FOMC meeting for 2 days.

Janet Yellen very disappointing statement about US dollar, the article shows the results of the meeting left interest rates unchanged as expected. And besides Fed also cut its forecast for economic growth and rising interest rates in the following years. The above policy increasingly grim fundamentals of the global primary exchange.

The dollar index, which measures the strength of US dollar against six major currencies move they move trading weak after the start of trading on Asia session opened lower at 96.02 and is now the position of this pair is at 96.00. Throughout the day had reached its highest range.

[myregister]

Enter the forex market on Asia session today USD dollar recovered after two days experienced selling pressure because of the attitude of Federal Reserve which decide not to rise the rate this year. Technically, the dollar rebounded against all of its main rivals with momentum is limited due to the lack of strong fundamental data.

Previous trading the dollar was battered though positive sentiment tried to defend the pace of the global main currency value. Where the positive sentiment came from the US jobless claims data last week were down quite a lot from the previous period and the expectations for a rise.

Today's trading it seems that US dollar is still overshadowed by the announcement of Fed's monetary policy and the subsequent possibility to stay the last meeting in December, the article for the month of October and November is the momentum of the country's presidential election.

The dollar index, which measures the strength of US dollar against six major currencies is trading stronger and still moving like that even after in Asia session opened lower at 95.36 and is now moving to around 95.52. In the overnight US session the dollar had touched 95.52.

[myregister]

Getting into Asia session last weekend in September (26/9) US dollar opened lower than the closing position last weekend which managed to rebound from weaker second consecutive days before by crash against the Fed. Last week USD traded naturally depressed by a strong performance of its main rivaland also by Fed stance that does not raise its benchmark interest rate.

 

The movement in the spot market this morning observed only strengthened against the commodity exchange only, while the main rival natural profit taking. Gloomy sentiment against Fed rate hikes still make dollars leave the market and supported by the release of disappointing economic data this evening.

 

In addition there are some fundamental economic data mover for main rivals are expected to provide positive data so that it can add to the rival force to press US dollar. The dollar index, which measures the strength of US dollar against six major currencies trading stronger and still moving after the start of Asia session opened lower at 95.47 and is now the rolling value is fall a bit to 95.43. .

[myregister]

In the middle of the European session forex trading Thursday (29/9) US dollar opened lower than the previous closing position moving strongly against several of its main rivals. Post-deal in accomplish OPEC at its meeting in Algeria 26-28 September 2016, trading assets at risk of being pulled back after being depressed.

In US session , US dollar tonight also will receive the power to rally from the second quarter GDP data release this year which showed an increase from the previous quarter and in accordance with the two previous projection. In addition to power the dollar suffered from profit taking after a jump in commodity exchange crude oil prices the previous trading.

The dollar index, which measures the strength of US dollar against six major currencies trading move stronger and still moving after the start of trading on Asian session where it opened lower at 95.39 and is now moving to around 95.56.

[myregister]

In the ending of Asia sesion this weekend it seems US dollar opened at the previous closing position and was moving strongly against several of its main rivals begin trading sentiment trimmed by safe-haven assets. Market hunting for safe-haven assets like the Japanese Yen, Swissfranc and also gold.

Manhunt safe haven was triggered by global market panic respond to the financial condition experienced by Deutsche Bank AG as to weaken the global stock market indices. The market worried about the effects of the global bank crisis because their businesses spread throughout the world.

Previous trading, US dollar is very strong in the second quarter GDP data in 2016 were higher than the previous quarter and even exceeded expectations. Strong fundamentals of the dollar makes a lot of natural attenuation of its main rivals except the euro exchange rate. The dollar index, which measures the strength of the US dollar against six major currencies moving trading weak after the start of Asia session opened lower at 95.48 and is now moving towards 95.45.

[myregister]

Venturing the forex trading on Asia session previous weekend (30/9) the opening of US dollar rebounded against all of its main rivals after last weekend's natural selling pressure is quite big thanks to the sentiment. Observed is still moving strong to weak fundamentals such rivals.

 

Dollar's Index today's trading will lead all major rivals, due to fundamental weakness of USD rival by the release of economic data they were less than impressive. In the European session, Markit will release final data of Eurozone manufacturing business performance and English were lower than the previous period.

 

Similarly in US session dollar rally by the contribution of labor potential of the country's manufacturing performance data based and ISM Manufacturing PMI indicators. This data is expected to show a higher data from the previous trading.

 

The dollar index, which measures the strength of the US dollar against six major currencies trading stronger move after the start of trading on Asia session which the price opened higher at 95.48 and is now moving position at around 95.51.

[myregister]

The movement of US dollar on forex market this week passable profitable so continued to strengthen since the beginning of the week trading despite the negative sentiment in the shadows. And enter the trading session of the fourth day this week with US Dollar still opened higher pedestal for US private business where its performance improved.

This week Markit and US government released data on the business performance of manufacturing and services sectors private show higher data from the previous period to September. This sentiment managed to beat the bad data is ADP employment change is expected to boost the power Fed raise interest rates this year.

But for today's trading US dollar rally may be stalled as it weighed expectations of data badly unemployment claims last week period which will be released in the evening session. But it can only continue to weigh its own rally which lack of strong fundamentals that affect the rate of its main rivals.

The dollar index, which measures the strength of US dollar against six major currencies trading when it move stronger after the start of trading on Asia sessio the price opened higher at 96.14 and is now moving position at the position of 96.19.

[myregister]

US Dollar until the European session on Friday (7/10) still prevail in 8-month highs against all major rivals, and entered the fifth day strong rally. The success dollar rallied throughout the week at most accept the sentiments of the fundamental weakness of his rivals. And just two days last rally, the US dollar gained on expectations of positive US economic data that shows the data better than the previous period, as well as tonight's performance data sector US jobs in September is expected to be stronger. 

Such data as well as non-farm payrolls and US unemployment rate for September, which data showed an increase for the US NFP and unemployment rate are fixed. In the Asian session US Dollar received a power increase of accidents experienced by the trading of pounds that could sink the pair up to 10 percent more. 

Besides today's few rivals will be minimal driving strong fundamentals such as the aussie and yen. The dollar index, which measures the strength of US dollar against six major currencies trading stronger move after the start of trading of Asian session the price opened higher at 96.64 and is now moving at 96.99.

[myregister]

In the middle of forex trading of Asia session on Monday, US dollar is still showing a weak conditions continued by the pressures experienced in trading late last week. The dollar weakened against other major currency pair, but the exchange rate as commodities gained minor respond to the price of crude oil hit.

 

Since the end of last week US dollar pressured by its main rivals such as Yen, Euro, and Swiss Franc. Fading Fed rate hike expectations after the poor result of US employment data report in September. Last week, US NFP data was the focus of trading last week dropped to a position worse than expected and the previous period.

 

In addition to the bad US NFP data, it seems also the country the unemployment rate increased after the previous period only at 4.9%. Data Unemployment rate experienced a slight increase in the top 5% after 4.9% the previous month only. For the movement of the dollar throughout the day over a rival is driven by fundamental implications because early American financial market holiday kedu week of September.

 

The dollar index, which measures the strength of US dollar against six major currencies moving weaker after the start of trading Asian session opened higher at 96.53 and the price of this index is now moving at around 96.51.

[myregister]

At the beginning of European session forex trading on Tuesday (11/10) the US dollar is getting stronger and beat all major rivals despite poor fundamentals of NFP data which was disappointing. US dollar strength rests more on fundamental weakness of its main rivals.

 

In addition the market tried to recline back on FOMC meeting minutes release last September which signaling the Fed interest rate will be raised by the end of this year. This sentiment also reopen once again the rate hike expectations of US central bank.

 

To this day, the fundamental driving force of the country is not a strong driving force, such as small business performance data according to the NFIB survey and report on labor market conditions of the country by Fed. Both of these data showed the expected positive data.

 

The dollar index, which measures the strength of US dollar against six major currencies is trading stronger and move to higher price after the start of trading on Asia session opened higher at 96.90 and is now moving position at 97.24.

[myregister]

Entering the Asia session US Dollars take back the strong position to doinate the market with compelling fundamentals after the release of FOMC minutes last night. The dollar rose to its highest level in seven months against all major rivals after three straight days of strong rally.

Minutes of the FOMC meeting in September showed a strong signal of certainty Federal Reserve will raise interest rates in the near future despite the many decision makers in a meeting last month expect US economy improved signal first. After this treatise appeared increasingly optimistic about the market this year will be the Fed's plan to tighten its monetary policy.

To this day the fundamental driving force of the country there will be weekly unemployment claims data is expected to show the data that is worse than the previous week period. But there is also the country's import data are expected to show improvement and provides an overview of rising US inflation rate period in September.

The dollar index, which measures the strength of the US dollar against six major currencies trading stronger move after the start of trading on Asian session where the price opened higher at 97.96 and is now moving at 98.07 and possibly to the higher level . Already strong previous trading up 0.2% against all major rivals.

[myregister]

Entering EU session US Dollar take back a strong position to dominate the market after earlier after trading pressured by poor Chinese export and import data. But this afternoon US dollar attempted to rally by the data of China. Similarly, the release of inflation data and PPI the country raise US dollar against many of its main rivals.

Throughout the week US dollar moved very quickly to respond to expectations of Fed rate hikes in December rolling since 2 weeks earlier. There are some fundamental driving force strong enough to be lifted back the US dollar, and the motion today add to his victory in the forex market in a week.

From a lot of data that will be released on US session, there is data that becomes the focus of the market such as retail sales, PPI and Prelim UoM Consumer Sentiment. In addition the market can also look at Janet Yellen's speech in an event organized by the Boston Fed. Of all the momentum is expected to further add to a strong signal the Fed certainly raise interest rates in December.

The dollar index, which measures the strength of the US dollar against six major currencies trading stronger move after the start of trading on Asian session opened higher at 97.50 and is now moving towards 97.87. Previous trading rise up around 0.5% weaker against all major rivals.

[myregister]

The movement of US dollar after last week managed to print the highest gains in seven months, entering Asia session US dollar tend to move consolidation and continued positive sentiment earlier trading.

 

Expectations of Fed rate hike in December was getting stronger after last week's US economic data provide a strong signal. Throughout last week the US dollar moved very quickly to respond to expectations of Fed rate hikes in December rolling since the previous weeks, and this week the sentiment will be reinforced by some momentum.

 

As will happen on this day there is some release of US economic data could potentially provide additional strong signal to the Fed's plan at the end of this year after last raised interest rates in December 2015. The dollar index, which measures the strength of the US dollar against six major currencies trading stronger move after the start of trading the Asian session opened higher at 98.14 and is now moving position towards around 98.10.

[myregister]

Entering the Europe session, it seems that profit taking is still plagued the US dollar against many major rivals except Yen, so US dollar that were in the peak of 7-month highs fall back. All major rivals except the yen strengthened against US Dollar and under pressure from a strong back and a currency exchange of China.

 

Profit taking has occurred since the early trading last week, and intensified after manufacturing performance reports New York Fed report said decreased from the previous period and also expectations. The lack of strong fundamentals driving yesterday made the US dollar the upper hand when the Fed rate hike expectations appear weak to move.

 

But tonight there is a strong activator which can provide power for the US dollar rebound, US inflation data for September which is expected to show an increase from the previous period. On the other hand overnight weakening dollar also got a sentiment of market considerations re-examine the statement of Janet Yellen and Stanley Fischer. Both the Fed officials have been expecting the Fed rate hike but still need the next consideration again.

 

The dollar index, which measures the strength of US dollar against six major currencies moving trading weak after the start of trading the Asian session opened lower at 97.86 and is now the moving position at around 97.69

[myregister]

The weakening of these expectations is getting stronger when the data rate of US inflation period in September released overnight less encouraging although the CPI rose in line with expectations, but core CPI actually declined. Market disappointment and removing the asset and collecting sizable dollar yen is quite large.

 

The next movement of US dollar remains weak despite positive sentiment that tried lifting from the data building permits and housing starts September period. Both data showing the performance of the US property market is projected to increase slightly from the previous period. Strength even this data is expected to remain underpowered generate dollars.

 

The dollar index, which measures the strength of the US dollar against six major currencies moving trading weak after the start of trading the Asian session opened lower at 97.85 and is now moving position at the position 97.67.

[myregister]

In the middle of European session forex trading Thursday (20/10), US dollar has rebounded since the Asian session remained bullish on track to respond to the statement Fed officials William Duedley a few hours ago that gave strength Fed rate hike expectations in December this year.

 

Since the beginning of the week the market was let down by some of the less stable economic data buoyed sentiment the fed rate hike as inflation data, industrial production and manufacturing performance indicators New York. But the strength of the US dollar is feared only a moment, because in the American session there is a negative sentiment for the shadows of the data jobless claims and the Philly Fed data also.

 

The negative sentiment coming this evening come from periods of data unemployment claims last week and Philadelphia manufacturing performance data according to Fed data is expected to show negative data. But there is a positive reinforcement data is data US existing home sales in September.

 

The dollar index, which measures the strength of the US dollar against six major currencies trading stronger move after the start of trading the Asian session opened lower at 97.85 and is now moving position at the position 97.96.

[myregister]

In the middle of the European session forex trading on Tuesday US dollar speeding began to cut back little by little to respond to the strong sentiment of supporting its main rival. The power of dollars trying trimmed by the power of Euro and Commodities exchange sentiment , On the other hand seemed dollar remained strong against rivals such as pound, yen, and dollar swissfranc.

 

At the beginning of the European session, Euro traded lower on the previous trading amid strong economic data to maintain EURUSD rate which re-trimmed entering Asian session today. That pair rose again after the German Ifo business sentiment report and news of the approval of the disbursement of the Greek bailout.

 

Until the American trading session this evening, the strength of the US dollar is feared getting cut off by the negative sentiment of the release consumer sentiment data were surveyed and reported by the Conference Board (CB). The data is expected to show a decrease in sentiment score from the previous period.

 

The dollar index, which measures the strength of the US dollar against six major currencies trading stronger move after the start of trading on Asian session opened higher at 98.61 and is now this index price is moving towards 98.82 after touching 98.67 highs.

[myregister]

In the middle of the European session forex trading Wednesday, US dollar earlier rallied fast to rise to its highest level in 9 months cut off by the strong sentiment that sustains its main rivals. But technically, the US dollar correction is still quite reasonable because the position is still stable in bullish positions.

The strength of bullish dollar sentiment derived from a Fed rate hike before the end of the year which is also supported by several high-ranking signal the central bank. And since the Asian session dollar rally continues, then in the evening session later feared to accept the negative sentiment from the US new home sales in September.

The pressure started to come on Asian sessio as the respond to Aussie inflation rate, and next come from the movement of the euro responded Mario Draghi statement defending the lax monetary policy. The dollar index, which measures the strength of US dollar against six major currencies trading stronger move after the start of trading the Asian session opened higher at 98.70 and is now moving towards 98.51 highs.

[myregister]

After last weekend's US dollar sentiment collapsed by political conditions in the United States weigh attitude FBI will investigate the personal email of Hillary Clinton, bounced back in early forex trading this week after going through Asian session and now in the European session. Sentiment that lifted the US dollar comes back from the FOMC meeting this week that will give a strong signal plans Fed rate hikes this year.

 

In the middle of European session forex trading Monday, the US dollar experienced weakness trying to cut last weekend but was not successful due to the strong Aussie dollar survived. Except aussie, against all major rivals naturally strengthening US dollar.

 

At the evening session the strength of the US dollar is expected to grow more than enough economic report that gave power of data Personal income / spending in September, where this data is expected to show an increase in data.

 

The dollar index, which measures the strength of the US dollar against six major currencies trading stronger move after the start of trading the Asian session where price opened lower at 98.30 and is now moving at around 98.56 after earlier position dropped to 0.4%.

[myregister]

In the end of session (2/11) a few hours ago, US dollar is still depressed and move the red zone to fall to the lowest position in three weeks against all its major rivals. But trimming the U.S. dollar's strength began to wane after the Fed Announces its latest monetary policy.

 

Indeed in the policy the Fed won't change interest rates now and remains in the range of 0.25%-0.50%, but few give the signal for the meeting next month they will consider longer to raise rates.

 

Before the Fed announcement, release data job back incriminating U.S. dollar with lower data shows well against the previous period as well as by expectations. And the condition of US dollar alone have got pressure from the uncertainty of the election in the country so that the global market is more interest in the safe haven assets such as the yen Japan, Switzerland franc and gold.

 

The dollar index which measures the strength of the U.S. dollar against six major currencies closed trade shrank to 97.38, after previous trade Asian session opened at the position of 97.73

[myregister]

The movement of the US dollar to trade forex on European session (7/11) increasingly moving to cut its trade weakened in these last 3 days, after the start of the Asian session the price immediately jump to 0.5 percent. Dollar gets stronger after FBI's announcement on the case on pressing US Presidential candidate Hillary Clinton.

 

Last week US Dollar experienced quite severe selling pressure after FBI decided to reopen the case of personal email prospective US president. These problems provide the market's fears that supports Hillary Clinton to press US dollar. Sentiment last week's Fed rate hike less strongly support the dollar, but FBI's notice will revive sentiment Fed rate hike in December.

 

In the evening session, there are several series of economic data that can add energy dollars, because these data indicate higher data from the previous period. The dollar index, which measures the strength of the US dollar against six major currencies opened stronger trading at 97.72, after earlier trading on Asian session opened at 97.42.