There’s a saying; “records are made to be broken” and USA indices appear to agree. “Another day another dollar” is also an expression often used by Americans, meaning that everything is ordinary, the same. Day after day, just the same old boring routine. Trump: Hey, what’s up Mrs Yellen? Janet: not much Donald, just another day […]
On Tuesday, for the second day in succession, all four major USA indices reached and closed at record highs. The DJIA stole the headlines, as the index finally breached the psychological barrier of 19,000, having first rejected the level earlier in the New York trading session. The S&P rose by 0.2 percent to 2,202.94.
Monday’s trading sessions, across Europe and in the USA, saw equities move ahead, with the DJIA and S&P printing record highs, primarily driven by energy, financial and commodity stocks, financial shares have enjoyed spectacular gains since the last recorded high by the S&P index; rising by 14 percent since August 15th. For the first
It’s now an anniversary calendar week since president elect Donald Trump won the presidential race. The wild gyrations we’ve witnessed on most markets since, as: analysts, market movers and traders took stock of the result and adjusted to the news, has receded as each day has passed. Markets now appear to be reverting to what
FXCC’s mid morning market report, after London’s opening. Read More »
The U.S. currency kept its momentum to a 7th week gain when it rose above 120 yen on Thursday for its 1st time since 2007 July as economist in the U.S. estimated job growth has accelerated all the while Japan finds itself in a recession and the EU struggles on. The American dollar has climbed
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The American currency is now only within 0.1 percent to reach 120 Yen making it the highest since back in 2007 July amidst predictions by analysts that American job growth will increase while recession will continue for Japan. A measure that tracks the American currency will be making its highest close in over 5 years.
The dollar nearly at 120 Yen Read More »
The American currency kept its momentum to now be at a 7 year high versus the Japanese counterpart, this before data showing that economists claim will justify the case for higher rates of interest as policy eases in Japan and Europe. The dollar gained 0.1 percent from its prior highest in 2 years against the
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It was amongst thoughts that the dollar’s climb had been too quick, that the currency came to a stall, this before American data that will show that job growth had slowed. The Aussie dollar came back when it almost reached its weakest in 4 years when the Reserve Bank held on to its benchmark at
Dollar stalls before its 6 year highest rally Read More »
The American currency climbed to 7 year high against the Japanese currency, this just before a forecast that would show that the American manufacturing had performed better than its global peers this further supporting the viewpoint for higher rates of interest for the largest economy in the world. The American currency furthered its gains versus
Dollar at 7 year high against the Yen Read More »
Yen took a fall and 2 year government bonds yields of Japan fell below 0, this after data revealed household expenditure dropped and inflation reduced. 1.6 percent was the number for the monthly loss for the Yen versus all its 16 counterparts amongst thoughts the Bank of Japan would continue growing stimulus. The 18 nation
Yen takes a fall to 7 year low Read More »
