Dollar Faded As Stimulus Package Approval Will Take Time
On Tuesday, the dollar dropped on the foreign exchange market, with the dollar index (representing its growth versus 6 benchmark currencies) falling 0.26 percent to 90.16 points. At $1.2165, the euro returned 0.23 percent. The yield on the 10-year T-Bond rose 1 basis point to 1.03 percent on the U.S. bond markets. As of March […]
Economic Indicators Are Falling, All Eyes On The Fed And Congress Now
Several economic indicators started to fall under these conditions, including consumer confidence at the beginning of November, spending in October, sales of credit cards and even restaurant attendance. Business focus in the United States is shifting to the Federal Reserve and the Congress once again. Prior to the November 3 election, which led to Joe […]
