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, […]
Manufacturing: U.S. and Euroland PMI’s Cross Over Again
Manufacturing: U.S. and Euroland PMI’s Cross Over Again
Early today, Euroland reported a downward revision of its September PMI-manufacturing index to 45.0 from a preliminary estimate of 45.3 and an August reading of 47.6. In the United States, the Institute of Supply Management just announced a much bigger 6.4 plunge in the U.S. PMI-mf’g index to […]
The End of a Volatile Week, with Vigilance Even Over the Weekend
The End of a Volatile Week, with Vigilance Even Over the Weekend
As the week comes to an end, markets continue the volatility it started since the very beginning of the week, after the fed reported two new steps to enhance the plan, and with the treasury department plan to use nation’s Exchange Stabilization Fund to […]