basket

Trust:2
Votes:6
Views:284

U.S. Dollar Falls to 15 Month Low against Basket of Major Currencies

The U.S. Dollar fell to a 15 month low against a basket of currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding currencies. Further weakness in the Dollar was attributed to a report that Chinese manufacturing increased at its fastest pace in five years.

Read More...
Trust:3
Votes:10
Views:240

Dollar Closes Higher for Week against a Basket of Currencies

After reaching a 15 month low early in the week, the U.S. Dollar closed higher for the week against a trade-weighted basket of currencies. Technically, this closing price reversal, once confirmed, often leads to a 2 to 3 week retracement. The daily chart suggests that a move through 77.50 is necessary to turn the main trend to up.

Read More...
Trust:2
Votes:5
Views:211

Dollar Falls versus Basket of Currencies

The U.S. Dollar closed lower against a basket of currencies as appetite for risk drove traders away from the lower yielding Dollar into the higher risk currencies.

Read More...
Trust:3
Votes:12
Views:320

How Many Stocks Do You Own?

We have all heard about the mantra - “Don’t put all your eggs into one basket.” This sounds like good and reasonable advice, especially when the stock market is fraught with uncertainty and you are a risk averse guy. But it is also an investment sin to spread yourself too thin.

Read More...
Syndicate content