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  1. US Dollar Index: possible bullish reversal; 100 psy level is the key

    by , 06-27-2020 at 03:09 PM
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    The US Dollar may rise as initial jobless claims stabilize at historically elevated levels. Non-farm payrolls may surprise higher, but FOMC minutes could sink the S&P 500 and boost USD.
    More of the same could be ahead. Data out of the worlds largest economy has increasingly outperformed relative to expectations.

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  2. Fed Announces Emergency Rate Cut In Response To Coronavirus Outbreak

    by , 03-04-2020 at 02:21 PM
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    Even with the next monetary policy meeting just two weeks away, the Federal Reserve announced a surprise move to enact an emergency interest rate cut on Tuesday in response to the economic risks posed by the coronavirus outbreak. The Fed announced that it has decided to lower the target range for the federal funds rate by 50 basis points to 1 to 1-1/4 percent.

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  3. U.S. Existing Home Sales Pull Back Much More Than Expected In September

    by , 10-23-2019 at 03:18 PM
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    After reporting an unexpected jump in existing home sales in the previous month, the National Association of Realtors released a report on Tuesday showing existing home sales pulled back by much more than anticipated in the month of September.

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  4. U.S. Consumer Confidence Shows Another Improvement In May

    by , 05-28-2019 at 03:59 PM
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    A report released by the Conference Board on Tuesday showed another substantial improvement in U.S. consumer confidence in the month of May. The Conference Board said its consumer confidence index surged up to 134.1 in May after jumping to 129.2 in April.

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  5. U.S. Construction Spending Unexpectedly Jumps 1.0% In February

    by , 04-02-2019 at 12:06 PM
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    Construction spending in the U.S. unexpectedly showed a significant increase in the month of February, according to a report released by the Commerce Department on Monday.

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