Tag: US Dollar
Forex Trading MBA Part 3: Currency Quotes
Forex Trading MBA Part 3: Currency Quotes!
There are different approaches to learning to trade. The important is to avoid the ones that are...
Buyback Blackout to Sink the Nasdaq?
One of the key determinants of equity price momentum higher over the last few years has been the buyback spending spree corporations embarked on...
Nike Sales Disappoint As Revenue Comes In Light
Nike Sales Disappoint As Revenue Comes In Light.
On Tuesday Nike (NKE) reported earnings that topped analysts’ expectations, but the revenue came in lighter than...
Dollar Rebounds as US Unemployment Hits Nearly 8-Year Low
The US dollar rebounded sharply against a basket of currencies Friday after government data pointed to a firming labour market, which could give the...
US Dollar Weakens ahead of Fed Announcement
The US dollar declined against a basket of currencies Wednesday, as investors prepared for the release of the Federal Reserve’s interest rate guidance amid...
Gold Rises on Safe-Haven Demand
The price of gold rose on Monday, climbing above $1,100.00 per troy ounce after oil price volatility spurred market jitters.
Precious metals advanced across the...
Dow Dump Just the Beginning
Looking for any evidence that the market as a turning point? Look no further than the VIX index that tracks volatility in the S&P...
US Dollar Surges amid China Growth Woes
The US dollar traded higher against a basket of currencies on Tuesday, climbing for a seventh consecutive day amid renewed fears about a protracted...
S&P 500, Dow Post First Annual Losses Since 2008
US stocks declined in the final trading session of the year on Thursday, with the S&P 500 and Dow Jones Industrial Average posting their...
Stocks Turn Lower in Final Trading Day of Year
Wall Street and European stocks continued lower on Thursday, as low trading volumes and weak oil prices continued to weigh on investor sentiment in...
Oil Prices Decline as Concern Over Commodities Continues
Oil prices declined sharply on Wednesday after government data showed an unexpected rise in US commercial crude inventories, raising concerns about an worsening supply glut.
The...
US Dollar Stages Rally amid Encouraging Economic Data
The US dollar traded higher on Tuesday amid a bigger than expected rise in consumer confidence, while stocks and oil prices also rallied in...
US Stocks Post Best Week since November
US stocks ended mixed on Thursday, but still posted their strongest weekly gain since November amid a 9% rally in oil prices.
The Dow Jones...
Global Markets Little Changed in Holiday-Shortened Session
European stocks ended flat on Thursday, while US markets traded choppy in a holiday-shortened session before Christmas.
The pan-European STOXX 600 Index was little changed...
Oil Prices Stabilize following Bigger than Expected US Drawdown
Oil prices turned higher on Wednesday after government data showed a bigger than expected drawdown in US crude inventories, easing concerns about an escalating...
Dollar Weakens following Revised GDP
The US dollar traded lower on Tuesday after government economists trimmed their third quarter estimate for US GDP growth, putting the world’s largest economy...
Oil Prices Touch New 7-Year Lows, Further Downside Predicted
The rout in oil prices continued on Friday in belated response to additional buildup in US crude inventories, fueling concerns about a worsening global...
US Stocks Rise as Rate-hike Looms
US stocks rallied for a third consecutive day on Wednesday, as investors turned their attention to the final day of Federal Reserve meetings ahead...