The pound is enjoying a wild ride today. First, it moved lower on headlines regarding a statement, and then it had been surging since the initial dive. It fell to […]
Strong Dollar or Weak Dollar?
Amid the U.S. attack on Syria, the bombing in Afghanistan, the terrorist attacks across Europe, Brexit, and the Presidential election in France next weekend, it should not be a surprise […]
Where Do Stocks Go from Here?
It looks like Dow Jones Transports are ready to break down. The first support area kicks in at 8250. If it does com down to this level, that is a […]
Where Will the US Dollar Go from Here?
The U.S. dollar just kept on falling after the central bank raised interest rates last week. The reason: The Fed was not hawkish enough. The U.S. 10-year note yield also […]
How Does the FED’s Interest Rate Decision Typically Affect the Stock Market and the Dollar?
The rate decision itself The current market expectation is that the FED will hike the interest rate by 0.25%. If it does not meet the market expectation, the dollar may […]