
Please try another search
The first quarter of 2020 was the worst first quarter in the 135-year history of the Dow and is finally over. COVID-19 reared its ugly head in the last three months, hitting China first and then...
The euro snapped a six-day rally to start the week lower against the U.S. dollar. Over the past month, the moves in EUR/USD have not been for the faint of heart. The single currency surged from a...
The U.S. dollar traded lower against all of the major currencies today after jobless claims topped 3.2 million. We’ve never seen weekly jobless claims at these levels before. They are more than...
The dollar is falling for the fifth straight day after gaining for 7 days out of 8 and surging 8.5%. It might be time to start thinking of getting back in: the greenback has already corrected 2.3% of...
A deal is done. The White House and Senate agreed to a historic $2-trillion stimulus package and this agreement should pass the House easily. Equities and currencies traded sharply higher in response...
Many major currencies are trading higher this morning as stocks staged a voracious recovery at the New York open. The Dow Jones Industrial Average jumped more than 1,000 points or 6.5%. In a normal...
We have not seen such a strong week for the U.S. dollar since the 2008 global financial crisis. This fact alone explains why the greenback has been performing so well. There’s no doubt that...
Governments around the world continued to take steps to shield their economies from further weakness but the continued market sell-off is a sign that investors have little faith that these efforts...
There have been two previous, major financial markets crashes in the past 20 years. During both, the U.S. dollar became the life raft of choice that everyone wanted to cling to.The more recent,...
Currencies and equities resumed their slide on Wednesday as Tuesday’s recovery proved to be nothing more than a one-day reprieve. New measures or plans to fight the economic impact of COVID-19...
The price of oil just crashed to below $25.00 as we write this. That's right below the intraday low and $26.21 closing price of February 2016. It's also in line with the commodity's 17-year low hit in...
The U.S. dollar traded sharply higher against all of the major currencies as the Dow Jones Industrial Average closed up more than 800 points. After falling nearly 3,000 points on Monday, U.S. stocks...
The Federal Reserve made another emergency cut yesterday, slashing rates by 100 basis points to close to 0% for the first time since the 2008 financial crisis. The U.S. central bank also launched a...
The Australian dollar has been slipping fairly steadily since the Reserve Bank of Australia opted two weeks ago not to raise interest rates. The central bank's rationale: to avoid spurring additional...
The UK economy rebounded in the past couple of years, as the services sector hit a 16-month high and retail sales remained strong. However, rising inflation, with no concomitant increase in wages, is...