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The Weakest Currency of Them All…
With US equities rebounding for the third day in a row, the greenback traded higher against all of the major currencies. Better than expected US economic reports certainly helped as housing starts and building permits recovered from last month’s declines. Manufacturing activity in the Philadelphia region also accelerated more than expected while jobless claims fell. Good data helps to ease some concerns about how the US economy is doing, but they do not mitigate our broader worries for growth. Yesterday’s retail sales report was very weak and this deterioration will reverberate throughout the economy. The ... (full story)
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- May 16, 2019 4:10pm May 16, 2019 4:10pm
- Ghass1234
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- ysaemidred
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- Ghass1234
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- Edited 10:00pm May 16, 2019 9:38pm | Edited 10:00pm
- Expo33
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Pride always comes before destruction.... -Proverbs 16:18
DARWINEX ZERO All Time Return:
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- May 16, 2019 10:28pm May 16, 2019 10:28pm
- Expo33
- Joined Aug 2013 | Status: Member | 436 Comments
Pride always comes before destruction.... -Proverbs 16:18
DARWINEX ZERO All Time Return:
22.7%
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- May 17, 2019 8:13am May 17, 2019 8:13am
- aquavox
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