ForeCastle

Stocks open at new highs




Stocks pushed to new highs in early trading Thursday as the so-called "Yellen bounce" continues after yesterday's Federal Reserve meeting.

The Dow Jones industrial average, the S&P 500 and the Nasdaq were all modestly higher in early trading, but they quickly returned to breakeven.

The gains come after comments from Federal Reserve chair Janet Yellen gave stocks a boost Wednesday. ...

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USD/CAD Fundamental Analysis May 15, 2014 Forecast




The USD/CAD eased by 4 points to trade at 1.0901 after the US dollar made healthy gains throughout the early part of the week. The loonie rose 0.08 of a cent to 91.74 cents US amid general U.S. dollar weakness. Analysts point to low expectations for first quarter U.S. gross domestic product growth, owing to the impact of severe winter weather and suggestions that the economy may actually ...

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