UNP & CSX Earnings, Inside Thursday
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The Fed made no substantial changes to policy or the statement. The key sentence on “exceptionally low levels of the federal funds rate for an extended period of time” was unchanged. Essentially, they didn’t want to take any chances of…
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In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese…
Dollar strength will not be a straight line….. nevertheless, dollar lows are almost certainly behind us. – “Calling A Bottom In The Dollar”, Goldman Sachs … the euro ‘rubber band’ is stretched as far as it’s ever been stretched. That…