A USD in apparent freefall is extending long term uptrends for commodities and other assets, reports Barclays.
Some more favourable earnings reports and no GDP surprise pushed Wall Street ever higher last night as the US dollar continued to slip away. Dow up 72.
St George Bank economists believe AUD/USD can hit 1.15 in the near term.
Morgan Stanley warns that if emerging market economies, and China in particular, misread inflation, the consequences will not be pretty.
Economists are at odds as to whether a stronger Aussie dollar is here to stay.
Market analysts at FXCM warn the USD might be poised for a corrective rally, though the underlying trend remains down, down, down.
Another rally on Wall Street lent itself half to more solid earnings results and the latter half to Ben Bernanke’s press conference. Dow up 95.
ATW’s Jerry Simmons explores potential scenarios for silver, copper, EUR/USD and US equities.
The S&P 500 finally recovered its pre-Lehman level last night on solid earnings results in a thin market. The silver bubble has burst for now. Dow up 115.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.