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The dollar has lost ground overall this afternoon, but really that extends to the European currencies and not the versus the Yen. Consequently the likes of the EUR/JPY and GBP/JPY have lifted off their respective earlier lows. The EUR/USD has lifted from just below 1.08, to above 1.0835, but it is just now tracking a bit lower heading into the penultimate 4pm London fix. The US stock markets are on the rebound right now too, but still in the red overall. The EUR/USD is just now trading at 1.0829
The noted gains for the Nasdaq 100 futures earlier this morning have now been erased. The reason for that was as noted in the previous update, noting...
We have seen decent earnings reports from UPS and GM just now and whilst both have beaten forecasts on the top and the bottom line, they have both...
As covered here earlier, the Dow Jones was the best performing major US stock market yesterday and right now it looks like being the best on the...
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