U.S. tax reform

Dollar Climbs on Likelier U.S. Tax Reform

October 20, 2017

The dollar benefited from several factors on Friday, climbing 0.7% against the yen, kiwi and Swiss franc, 0.6% versus the peso, 0.4% relative to the euro and Australian dollar, 0.2% against the loonie and 0.1% vis-a-vis the yuan. The greenback edged 0.1% lower against sterling. The Republican-controlled senate approved a filibuster-proof budget that enhances prospects […] More

A Better Trading Session for Stocks

March 28, 2017

Only a few insignificant data reports have been released in Asia and Europe. Markets are viewing the implications of the U.S. healthcare bill fiasco on other Trump Administration legislative plans with less alarm and took advantage of the softer dollar and lower long-term interest rates to rebuild equity positions. Renewed confidence in the buoyancy of […] More

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