Category Archives: Currency

Stocks & Oil Tumble –

The Dow Jones Industrial Average fell over 600 points in trading on Monday.  The downgrade of U.S. debt and concerns for the global economy continued to drive the market lower throughout the day.  Crude oil also fell in trading and finished … Continue reading

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U.S. Debt Downgraded –

Standard and Poor’s lowered the U.S. credit rating to AA+ and also attached a negative outlook.  The U.S. has held a triple A credit rating for 70 years and the downgrade is likely to have a negative effect on the financial markets.  … Continue reading

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Stock Market Slammed –

The Dow Jones fell more than 500 points on Thursday and has fallen 8 of the last 9 trading days.  The 500 point drop is the worst one day decline since December 2008.  Almost 15 stocks fell for every stock that rose on … Continue reading

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Dollar Hits Record Lows –

 The U.S. Dollar continued to decline against all major currencies and hit record lows in trading.  The uncertainty surrounding debt negotiations between Republicans and Democrats are leading traders to sell the Dollar.  In afternoon trading the U.S. Dollar/ Euro exchange … Continue reading

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European Union Offers New Greek Aid Plan –

European leaders announced $229 billion of additional aid for Greece.  They also gave their $440 billion Euro rescue fund the ability to  purchase debt from Euro nations under pressure in the markets.  The leaders hope that the plan will prevent the debt … Continue reading

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Currency Trading –

The biggest financial market in the world is Forex with $4 trillion traded daily.  Retail trading is steadily increasing with daily trading volume over $300 billion.  A recent Wall Street Journal article discusses the basics of FX trading and the reasons for the rise … Continue reading

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Stocks Move Higher –

Stocks moved higher on Tuesday with investors showing confidence that Greece will support their Prime Minister.  The Dow topped 12,200 for part of the trading day but still finished up over 100 points.  Also, the Dollar fell against major currencies like the … Continue reading

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MarketWatch Conference –

A recent MarketWatch article on investing tips for alternative assets discussed viewpoints of money managers.  Money managers at a MarketWatch conference stated that emerging markets will lead to further growth in commodities.  The market demand for products will cause the demand … Continue reading

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Euro Loses Ground –

The Euro lost ground against other major currencies as the Greek debt crisis concerned traders.  Also, European stocks were flat or showed slight declines in light trading on Monday. To read a related Reuters article, please click here: http://www.reuters.com/article/2011/05/30/us-markets-global-idUSTRE71H0EB20110530 James … Continue reading

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Oil Rallies –

Crude oil continued to rally and reached a 30 month high at nearly $113 dollars a barrel.  Crude rose with other commodities like gold and tin which also reached trading highs on Friday.  Investors shifted holdings to commodities as speculation grew that … Continue reading

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Oil And Gold Rise –

Oil hit 2 1/2 year highs in afternoon trading and fueled concerns regarding inflation.  Crude oil is putting pressure on the $110 dollar a barrel mark and some analysts are predicting $150 oil before the end of the year.  The inflationary … Continue reading

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Gold Rush –

Gold broke the $1,400 mark in light trading on Tuesday.  The Gold rally took place in spite of an interest rate increase by China.  The rate hike was only 25 basis points but it could signal further increases in the near future.  … Continue reading

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China Monetary Policy Shift –

China has announced a long awaited shift in monetary policy to help control inflation.  The shift to a prudent monetary policy may include higher interest rates some time time next year.  The higher rates should help to slow inflation and … Continue reading

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Euro Bailouts –

Another round of bailouts will end the possibility of the Euro being a global reserve currency.  Ireland is likely to be the first in a string of bailouts that could include Portugal and Spain.  Spain is the biggest concern for the EU … Continue reading

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Global Concerns Hurt Stocks –

Stocks fell more than 140 points as global concerns weighed on investors.  The Korean conflict started to heat up again with artillary fire between North and South Korea.  The markets were already concerned with the debt crisis in Europe and the potential for Portugal and … Continue reading

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