Monday, December 14, 2009 The U.S. Dollar is backing off a two-month high versus a trade-weighted basket of currencies on the news that Dubai received $10 billion in financing from Abu Dhabi to pay part of the debt held by...
Read MoreBullish reports out of China helped stock markets recover in Asia, leading to a strong rally in the December E-mini S&P 500. News that China’s November exports fell 1.2 percent following a 13.8 percent decline in...
Read MoreFriday, December 11, 2009 Bullish reports out of China helped stock markets recover in Asia, leading to a strong rally in the December E-mini S&P 500. News that China’s November exports fell 1.2 percent following a...
Read MoreStronger global equity markets are contributing to the weakness in the Dollar as traders are once again increasing demand for more risky assets after reassessing U.S. economic data and the odds of an interest rate increase by...
Read MoreThursday, December 10, 2009 Stronger global equity markets are contributing to the weakness in the Dollar as traders are once again increasing demand for more risky assets after reassessing U.S. economic data and the odds of an...
Read MoreU.S. stock index futures are trading better overnight after the inability to follow-through to the downside following yesterday’s sell-off triggered a short-covering rally. The lack of fresh news regarding debt issues in...
Read MoreWednesday, December 9, 2009 U.S. stock index futures are trading better overnight after the inability to follow-through to the downside following yesterday’s sell-off triggered a short-covering rally. The lack of fresh...
Read MoreTuesday, December 8, 2009 February Gold is down because of the strengthening Dollar but well above yesterday’s low. Investors are being “coached” by gold bug analysts to “buy the dips”, but this...
Read MoreMonday, December 7, 2009 Last week, the U.S. Dollar posted a huge gain versus a basket of major currencies. The strong up move was triggered by a better than expected Non-Farm Payrolls Report which showed a decrease in the...
Read MoreThe U.S. Dollar and equity markets traded in a relatively tight range overnight ahead of this morning’s U.S. employment report. Traders are looking for an improvement today from the November report. Guesses are...
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