Dollar Trading Mixed Against Most Majors
The U.S. Dollar is trading mixed versus a basket of major currencies at the mid-session. This morning’s better than expected initial claims report helped pressure the Dollar as it renewed interest in higher yielding assets. The U.S. Dollar is trading […]
U.S. Dollar Bottoms after Existing Home Sales Report
After early morning weakness plunged the Dollar toward last week’s low at 74.75, shorts began covering their positions when the U.S. reported better than expected existing home sales. After
Dollar Rises as Investors Cut Exposure to Higher Yielding Assets
The U.S. Dollar is up sharply against most major currency as investors continue to cut exposure to higher risk and higher yielding assets. The U.S. Dollar is
Dollar Rallies as Demand for Risk Falls
The U.S. Dollar is trading higher against most major currencies this morning with the exception of the Japanese. The U.S. Dollar is trading higher against most major
Economics Weekly by Lloyds TSB
It would be nice and easy to believe that the road to economic recovery is now clear and straightforward after the financial market crash of 2007-2009. Is the world
Oil News
Crude Oil gains as equity markets rise and investor confidence returns Crude Oil gains as equity markets rise and investor confidence returns Oil also got a boost on speculation inventories
Follow the Money… out of the U.S. dollar?
Recently, stock markets appear to have experienced an almost euphoric phase, seemingly shrugging off most negative news flow day after day. Recently, stock markets appear to have experienced an
Weekly Economic Analysis by Lloyds TSB
There appears to be a growing view, most evident in equity markets, that the worst of the recession may be behind us. Behind this perception has been a
Oil News
Equity markets fell after a source told Reuters that Bank of America has been deemed to need $34 billion more in capital Oil steadies around the $54 mark as
FX Technical Strategy – Weekly by Lloyds TSB
The key driver of FX continues to be asset market sentiment and the on going prospects for equity markets. Understandably, participants are anxious to know whether the ultimate