Wednesday, December 30, 2009 The March Japanese Yen fell sharply overnight, taking out the late October bottom at 1.0847, on its way to a three-month low. Concern over a potential bankruptcy filing by Japan Airlines is putting...
Read MoreThe U.S. Dollar fell overnight as traders took advantage of the thin, holiday trading by taking profits after the almost month-long rally. Demand for higher yielding assets also contributed to the weakness for the second...
Read MoreTuesday, December 29, 2009 The U.S. Dollar fell overnight as traders took advantage of the thin, holiday trading by taking profits after the almost month-long rally. Demand for higher yielding assets also contributed to the...
Read MoreHigher global equity markets are helping to boost demand for higher yielding assets, leading to a rise in U.S. stock index futures. The lack of any significant economic reports is giving traders a free ride to the upside....
Read MoreDecember 28, 2009 Higher global equity markets are helping to boost demand for higher yielding assets, leading to a rise in U.S. stock index futures. The lack of any significant economic reports is giving traders a free ride to...
Read MoreDecember 25, 2009 Economic Reports Help Sustain Firm Tone in U.S. Equity Markets Traders looking for pre-holiday selling pressure in the equity markets on Thursday received a surprise when better than expected initial claims and...
Read MoreDespite the higher equity markets overnight, the lack of upside momentum is making traders leery of a possible short-term profit-taking correction ahead of tomorrow’s holiday. Weakness in the Dollar could help to trigger a...
Read MoreThursday, December 24, 2009 Despite the higher equity markets overnight, the lack of upside momentum is making traders leery of a possible short-term profit-taking correction ahead of tomorrow’s holiday. Weakness in the...
Read MoreU.S. stock indices are trading better overnight. Last night’s rally took out the recent top in the March E-mini S&P 500, reaching 1114.75. The next upside targets are 1119.00 to 1122.00. Optimism over...
Read MoreTuesday, December 22, 2009 U.S. stock indices are trading better overnight. Last night’s rally took out the recent top in the March E-mini S&P 500, reaching 1114.75. The next upside targets are 1119.00 to 1122.00....
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