Stocks Quiet As The Dollar Weakens
Stocks Quiet As The Dollar Weakens
Relative calm was prevailing in U.S. equity markets on Monday morning. Equities were moving slightly lower and the dollar was weakening across the board after the G20 failed to ignite any enthusiasm and Citigroup announced it was laying off 53,000 workers or 20% of its global workforce. The plans were […]
Dollar Strengthens Over The Weekend. Once More, Gaps At The Sunday Open
Dollar Strengthens Over The Weekend. Once More, Gaps At The Sunday Open
Overall, the market gapped again at the Sunday open. This time, the G20 meeting caused the dollar to strengthen during the weekend. However, the currency pairs are starting to move to the upside, showing that the market is looking to close the gaps. Today, […]
Market Gaps Signal Dollar Strength Going Into The New Week
Market Gaps Signal Dollar Strength Going Into The New Week
The markets opened with some serious market gaps this week after a meeting of the G20 nations. We are not just talking a few measly pips here either. The euro gapped 135 pips, the loonie 125, and the yen by 95, while the aussie moved by […]