Post Tagged with: "stock market"
Can Further Weakness On Stocks Finally Support The US dollar? Video Analysis
The Us dollar was mostly flat against the majors during the Asian hours, but we can already see some strenght now, as European stocks trade lower. Well, trading in this week should be quite interesting, to see how broken correlation between Eur/Usd and the equity market will play out, which was broken in the past
Dollar-Stocks Correlation – Has it Broken Down?
There’s been loads of talk this week about the correlation between stocks and the dollar thanks to an article in the Wall Street Journal and the reactions to it from folks on CNBC and in the blogosphere. The driving idea is that the relationship has broken down of late. Is that really the case? Well, let’s take
Americans Drifting Away from Stocks – Will the Dollar Enjoy This?
In the past 30 months, Americans have moved away from stocks into bonds, according to Investment Company Institute that monitors mutual funds. The last time that this happened, between 1984 to 1987, it ended in a huge collapse of the stock market. Will history repeat itself? Will the dollar leap on such an event? Nearly
Aussie takes a break on rises after gold and stocks fall
AUD/USD reached new highs on a rise in jobs, but this was stopped by a fall in the price of gold, and renewed dollar strength that comes from drops in the stock markets. The strength of the Australian economy should make this break temporary. This renewed dollar weakness, although it’s felt strongly in EUR/USD, isn’t
Forex Trading and the Recovery
Many countries began recovering from the great global crisis. It began with a stock market rally and now it’s seen in growth figures. Forex trading has grown in recent months. Will the recovery hurt this growth? Or will r keep its strong position? Forex trading has grown nicely since the breakout of the global financial crisis.
8 Reasons why Non-Farm Payrolls will be Better
Some American figures have shown improvement in the past month. Also economists have expressed optimism. This should be reflected in the upcoming Non-Farm Payrolls? April’s NFP could be better than expected. The dollar will feel it. There are several economic indicators that show that the American economy is improving, or at least stabilized. Hope for America
Forex Trading Surging In 2009
Forex Trading is becoming more and more popular. New figures show that the uptrend continues in 2009, despite the recent stock market recovery. For forex traders, it’s trivial that there is a currency that always goes up. There is no “bear” market – but always a bullish market. You just have to go with the
Long Stock Market Rally and the Dollar
Wall Street has rallied for 5 consecutive weeks. This has contributed to the weakening of the dollar. This week, the stock market is challenged by a flood of reports that might stop the rally. Will the dollar make gains? Wall Street has enjoyed an uncommon 5 week rally. Stocks rose on good news and lots
Dollar “Nationalized” For The Weekend
The US dollar fell off a cliff against all the currencies. The fall began at 16:50 GMT, during the time that financial stocks plunged at Wall Street. The nice gains that the dollar made during the week were erased in 15 minutes, and the fall continues. EUR/USD leaped 200 pips, from around 1.2650 to 1.2865
Dollar on Break From Recent Behavior
The US dollar took a break from gaining against other currencies. Also the risk factor took a break: US dollar fell when bad American data was published. Also the USD/JPY – Stock market correlation took a break. Let’s see what happened yesterday (Feb 19). The US dollar took a break from the upward trend after