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Japanese Yen Forecast - Yen Price May Rise, Look Past BoJ, Eye Vulnerable Stock Markets A lull in key event risk exposed stocks to bigger adverse fundamental themes as the Japanese Yen rose. It may keep going, looking past the BoJ as the S&P 500 still remains vulnerable. Australian Dollar Forecast - Australian Dollar Might Get Some Respite If Inflation Holds Up The Australian Dollar remains very short of fundamental support ...
US Dollar Forecast: US Dollar Sheds Windfall Gains, May Resume Core Uptrend The US Dollar shed windfall gains scored on the back of haven demand amid turmoil in emerging market assets. British Pound Forecast: The British Pound Finally Finds Relief; But Can it Last? The British Pound finally found a bit of strength this week, but sellers quickly began to show on Thursday and Friday; bringing question to near-term direction ...
In the U.S., market participants focus the majority of their attention on three indices – S&P 500, Dow Jones Industrial Average, and Nasdaq 100. These indices are of course highly correlated to one another as they track companies impacted by the same business cycle and other important macroeconomic factors. Additionally, there is some cross-over in the stocks that are included in the ‘big three’. For example, the technology giant Apple Inc. (AAPL) is a constituent included in all ...
US Dollar Forecast - USD: Trade Wars vs Strong Economic Fundamentals - The Battle Continues The US dollar should be powering ahead based purely on economic fundamentals but the over-arching threat of global trade wars is reining in the greenback's performance. British Pound Forecast - GBP: Strong UK Data may Boost GBP, However, Brexit Overhang Remains The overhang of Brexit continues to provide an uncertain outlook for the ...
The Dow Jones Industrial Average is the second-oldest stock index in existence, started in May of 1896 by Charles Dow and Edward Jones. Dow was an editor at the Wall Street Journal at the time, and his associate Edward Jones was a statistician looking for a simpler method of tracking market performance. The duo had created the Dow Jones Transportation Index in 1886 largely based around railroads, but as the US economy was becoming more industrialized they sought out a better way to gauge overall ...