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Tag Archives: Dollar
Dollar gains, world stocks slip after China’s rate move
Dollar gains, world stocks slip after China’s rate move World stocks and commodity prices fell on Tuesday after China, the engine of growth in a still weak global recovery, raised interest rates for the first time since 2007 to rein … Continue reading
Hint Hint…..Maybe the US Actually Does Maintain A Strong Dollar Policy
Hint Hint…..Maybe the US Actually Does Maintain A Strong Dollar Policy After nearly breaking the intense bullish sequence of 27 consecutive closes higher than the previous daily low on Friday ( as we had projected ), the Euro finally officially … Continue reading
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Commodity Corner: Oil Down on Stronger Dollar
Commodity Corner: Oil Down on Stronger Dollar A stronger dollar contributed to lower November crude oil futures Monday. Oil settled at $82.21 a barrel, a 45-cent drop from Friday, as the euro declined 0.8% during Monday’s trading. Read more on … Continue reading
Australian dollar hits parity with US dollar
Australian dollar hits parity with US dollar (Updates with detail throughout) Read more on Reuters via Yahoo! Singapore News