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Author: Tina Reyes

Demand For Risk Dropped Overnight

The U.S. Dollar is expected to open higher against most majors this morning as demand for risk dropped overnight after European stock markets weakened.  Economic news released last night and early this morning also...

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Major Battle Looms Between Risk And Safety

Greater demand for higher yielding assets is punishing the U.S. Dollar this morning.  All major currencies are expected to open higher versus the Dollar. Renewed interest in higher risk assets is leading to speculative...

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Equity Markets Are Rallying

The U.S. Unemployment Rate rose more than expected to 9.7%, up from 9.4% in July.  The August Non-Farm Payrolls Reports showed a loss of 216,000 jobs versus the guess of 225,000.  July was revised to show an even...

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Weaker Market Means a Stronger Dollar

The theme this morning in the currency markets is risk aversion as Chinese stocks fell nearly 7% overnight triggering a move into the safety of the U.S. Dollar.  Sentiment continues to build that the Chinese government will...

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Crude Oil Reverses Intra-Day Trend

Traders are looking for a higher opening in U.S. equity markets this morning based on a follow-through rally overnight.  Yesterday, equity markets fell sharply lower but were quickly bought up when crude oil reversed its...

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