U.S. budget deal

Dollar Up on Day with Two Large News Developments

July 23, 2019

Boris Johnson, who favors a very hard U.K. break with the EU, was selected as the new leader of the British Conservative Party and will thus succeed Theresa May tomorrow as primeĀ  minister. This development greatly increases the likelihood that Britain will leave the European Union by October 31 without any negotiated terms. U.S. congressional […] More

Fed Taper Speculation

December 11, 2013

The first reduction of quantitative easing appears more likely because Democrat and Republican congressional leaders reached a 2-year tentative budget deal that President Obama is said to support.  The legislation still must get approved by the full senate and house of representatives and, if so done, would avert a government shutdown next month.  The risk […] More