The U.S. Dollar is trading slightly better this morning versus most major currencies after the bashing yesterday sent the trade weighted Dollar index to a 15 month low. Short-term indicators are oversold which could lead to a...
Read MoreDemand for higher risk assets is helping to trigger a strong rally in U.S. stock markets. Although the markets are still below their highs for the year, appetite for risk is expected to continue for some time which gives the...
Read MoreThe U.S. Dollar is trading lower ahead of this morning’s U.S. jobs data report. Today’s Non-Farm Payrolls Report is expected to show losses in October of about 175,000 jobs. The key will be how investors react if the...
Read MoreThe U.S. Dollar is trading higher this morning after yesterday’s volatile day and today’s Bank of England and European Central Bank Policy meetings. The lack of follow-through to the upside following yesterday’s sell-off has to...
Read MoreThe U.S. Dollar is trading sharply higher overnight as investors are once again becoming more risk averse. This week, investors are facing three major central bank meetings and the U.S. employment report. Investors are worried...
Read MoreStock index futures are edging slightly higher ahead of this morning’s U.S. Third Quarter GDP Report. The report is expected to show that increased consumer and government spending helped expand the economy for the first time...
Read MoreTraders are bracing for this morning’s U.S. Durable Goods, New Home Sales and Crude Oil Inventories Reports. Pre-report estimates are for durable goods to increase by 1%. New home sales are expected to increase from last month...
Read MoreThe December British Pound is getting hammered this morning, following an unexpected drop in U.K. 3rd Quarter Gross Domestic Product. Today’s news indicated the U.K. recession worsened as it extended into its 6th straight...
Read MoreYesterday’s late sell-off in the U.S. equity markets demonstrates just how fragile the stock indices are at current levels. After trading higher for most of the day because of improved earnings from Wells Fargo Bank and Morgan...
Read MoreStock indices are called higher this morning in a follow-through rally following yesterday’s strong move to the upside. Today’s surge actually began shortly after the close yesterday when Apple, Inc. announced blowout...
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