There’s still more than a month to go in the 2012 presidential race. But with the president apparently pulling ahead in national polls, rhetoric is ratcheting up that a day of reckoning is approaching for the US dollar–spurred by the Federal …
If you are looking for a stock in the Transportation-Rail industry, USD Partners LP (USDP - Free Report) could be one to watch closely. Right now the company has a Zacks Rank #1 (Strong Buy) and it has been seeing rising earnings …
It was a “risk off” session again yesterday as weaker than expected Chinese manufacturing data was followed up by soft US ISM Manufacturing PMI… It was a “risk off” session again yesterday as weaker than expected Chinese …
The US currency was down to 7-month lows today following figures that indicated the U.S. economy provided less employment opportunities than previously thought last month, but equity investors were not quite shaken about the …
With all the back and forth in the markets, several key assets have struggled of late. Notably, the US Dollar, US treasury bonds, and US equities. Active investors have been more inclined to sell rallies in each of these “big 3” assets. The …
Stocks have rallied over the past couple weeks as (1) China drew down its foreign exchange reserves to stabilize its currency, (2) the Fed decided to delay its second rate hike, and (3) the Bank of Japan surprised the world with a …
The Australian dollar gained as much as one US cent in overnight trade after the US dollar fell against all the major currencies. The Australian currency peaked at 96.71 US cents in offshore trade on Wednesday night. By 0700 AEST …
A stronger-than-expected US Consumer Confidence figure for January, which printed at 98.1 rather than 96.5, has bolstered the US Dollar (USD) ahead of tonight’s Federal Open Market Committee (FOMC) policy decision. Although the latest …
USD/CHF is forming an Inverted Hammer / Hammer at the 200D SMA support (also the uptrend trendline support). Look at the RRR (Reward Risk Ratio) every time the pair bounces off the up trend line support. Yummy!
The Indian rupee today depreciated by another 37 paise to close at 62.60 against the dollar following good month-end demand for the US currency from importers and a fall in local equities on rate hike concerns. The Indian rupee opened …