Archive for December 9th, 2014

Foreign Exchange Insights and Next Week

Dollar in a Bear Market for Crude Oil

December 9, 2014

Over the last five months, the price of West Texas Intermediate oil has fallen 41% from roughly $107 per barrel to a low yesterday of $63.20, near which the market is trading currently.  Oil oftentimes is volatile, swinging from $15.24 in June 1990 to $41.12 3-1/2 months later and then back to $18.88 by mid-March […] More

New Overnight Developments Abroad - Daily Update

Setback Extended in Share Prices

December 9, 2014

Monday’s slide in equities continued overnight in Europe and Asia.  Stocks slumped 4.5% in China, 2.3% in Hong Kong, 1.7% in Australia, 1.2% in India and 0.7% in Japan.  Equities are so far down 1.5% in Spain, 1.4% in Italy, 1.2% in France, 1.1% in Britain and 0.9% in Germany. Also consistent with the risk […] More