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👤Arthur Greene
🕔December 13, 2016
U.S. import prices recorded their biggest drop in nine months in November on declining petroleum costs, with renewed dollar strength threatening to keep imported inflation subdued.
The Labor Department said on Tuesday import prices fell 0.3 percent last month after a downwardly revised 0.4 percent gain in October.…
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👤Lisa Harris
🕔September 6, 2016
- Gloomy USD outlook boosts Silver
Silver prices received a major boost from a fresh dip in the price of the US dollar after a weaker than forecasted US ISM non-manufacturing data. After suffering pinned down trading activity through most of Monday’s sessions, silver settled around the $19.60 level on Tuesday during the Asian and European trading sessions as a weak dollar dampened the chances of more bearish activities with a very bright near term outlook due to silver’s recent ability to safely hold support levels.…
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Potential Head & Shoulder in Dollar Index ahead of Fed’s decision
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👤Xinyang
🕔July 27, 2016
All eyes on this afternoon’s FOMC statement on monetary policy and the strength of the dollar. The Fed is not expected to hike interest rates this week, but any hints on the likelihood of a future rate rise could move markets. …
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👤Lisa Harris
🕔July 21, 2016
- A jobless claim streak of this magnitude has not existed since 1973
- Harsh Times for the Philly Feds Index
Manufacturing activities as shown in the Philadelphia Feds Index shrank further this July, displaying a looming hardship in the sector.
Another declining quantity happens to be the Philadelphia Federal Reserve Index of Business conditions which fell to a value of -2.9 this month from a much higher 4.7 in June.…
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👤Isaac Ndegwa
🕔July 15, 2016
The US stocks on Friday made a great slide from their record highs while the dollar itself gained much during Friday’s trading.
The dollar has gained versus most of the other majors with the US treasuries releasing data that shows the biggest ever drop in manufacturing and sales optimism in 2016.…
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