-
Dollar Bulls Retake the Whip Hand
The US dollar had a good week. Indeed, the Dollar Index's 3.3% rise was its best weekly performance since last September. After looking rather bleak, the divergence theme struck back with a vengeance. ECB officials indicated that its sovereign bond buying program was turning more aggressive in the May-June period to get ahead of the summer markets. And not only did officials deny speculation that it could end its program early (before September 2016), but they reminded investors it could extend the program if needed. Remember every country that has adopted QE has had to do more than it initially anticipated. At the ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- May 24, 2015 12:48am May 24, 2015 12:48am
- traderathome
- Joined Mar 2008 | Status: PVSRA with Traderathome | 1618 Comments
- Comment #2
- Quote
- May 24, 2015 2:38am May 24, 2015 2:38am
- AnniLi
- | Commercial Member | Joined Jan 2015 | 2212 Comments
- Comment #3
- Quote
- May 24, 2015 7:33am May 24, 2015 7:33am
- Guest
- | IP XX.XX.71.221