Tag Archives: Dollar

Momentum Trading On US Assets

Wall Street suffered a bloody nose on Friday but investors can seek solace that US assets are looking attractive. Hot funds are plumping for US assets and some momentum trading is underway. Continue reading

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Filed under Currency, Economy, Properties, Stocks

Wall Street Post Consecutive Gains

Weakness in earnings by Google, Microsoft and AMD were reflected in their plummeting share prices. Only IBM outperformed expectations. Continue reading

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Filed under Banking, Currency, Economy, Oil, Stocks

Inexorable Slide In Stock Market

No surprise for the red ink given that Dow Jones tumbled 358 points to close at 11,453.42 (its lowest finish since Sept. 11, 2006) due to record high oil prices. Continue reading

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Filed under Banking, Currency, Economy, Inflation, Oil, Stocks

Dollars Gain Strength In Asian Trade

The greenback posted modest gains in Asian trade as traders braced for data that may shed new light on the extent of the US economic slowdown. Speculators adjusted positions following heavy selling of the US currency on Friday as traders … Continue reading

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Filed under Economy, Inflation