No Change in Federal Funds Rate
September 18, 2015
The long waited FOMC meeting is behind us and the outcome was clearly disappointing for the USD bulls. The US dollar is down across the board and the Federal Funds Rate is exactly at the same level as it was 24 hours ago. In short – no change in the... View Article
US Dollar Bulls Have Left the Building?
April 17, 2015
USD is lower across the board this week and especially against the Canadian Dollar. Could it be that this is the beginning of the long waited Dollar correction or perhaps the whole Dollar rally proves to be corrective itself and now we are just turning around to continue the real... View Article
US Exporters and Strong USD
February 1, 2015
While the Eurozone is struggling with all sorts of problems, the United States on the other hand is doing very well. Last Friday we all witnessed that the 4th quarter growth in US was a healthy 2.6%. Clearly it is lower than previous quarter 5% but nevertheless, there is no... View Article
Oil, Precious Oil!
January 20, 2015
While most of the consumers around the world are enjoying lower energy and oil prices, the oil industry itself is not cheering at all. In fact, the current price level is too low for the industry in general and very soon, we should start seeing the negative side effects of... View Article
April 16, 2014
Couple of hours ago we saw the release of United Kingdom’s unemployment % and the result was extremely positive for the UK’s economy. The new number is 6.9% and that should mark the beginning of new era for England in terms that we should start expecting an increase in the... View Article