Stock markets overbought; likely to trade sideways for the year Earlier this week I noticed a pattern in the market throughout an entire trading session that has inspired me to write a short piece on sector rotation. On Tuesday March 16th, my ...
Recent strength in the Canadian dollar may portend a rally in crude prices. Historically, the CAD/USD exchange rate has tracked crude prices reasonably well. Using weekly data going back to 1983, the two series have a 67% correlation. In recent weeks, however, ...
North American stock markets fell Friday as the Greek financial crisis pushed the U.S. dollar higher, which lead to lower prices for commodities. Today on Stockhouse Your opinion matters. Submit an article to Stockhouse today at submissions@stockhouse.com. Submission guidelines can be found ...
Stocks interrupt winning streak after concern about Greece's debt problems return to market Stocks halted their steady climb Friday after renewed concerns about Greece's ability to pay its debts left investors questioning a global economic recovery. The Dow Jones industrial average fell ...
Most commodities fall after concern about Greece, India rate hike boost dollar A rising dollar hit prices of many commodities Friday after concerns about the global economy pushed up demand for safe assets. More questions about the Greek government's financial problems and ...
Dollar gains after Greece says it may turn to IMF if EU can't agree to extend aid soon The dollar climbed Friday as worries over who would provide aid for Greece and other debt-laden European countries sent investors scurrying for the safety ...
Dollar and precious metals at a glance Key currency exchange rates Friday, compared with late Thursday in New York: Dollar vs: Exchange Rate Pvs Day Yen 90.49 90.31 Euro $1.3536 $1.3621 Pound $1.5020 $1.5252 Swiss franc 1.0598 1.0573 Canadian dollar 1.0161 1.0129 ...
Oil tumbles to near $80 a barrel as stronger dollar stalls month-long rally Oil prices slumped at the end of the week, tumbling Friday close to $80 a barrel as continued uncertainty about Greece's economy helped lift the dollar higher. Benchmark crude ...
Oil prices plunged on Friday as the strengthening US currency dented investor enthusiasm for dollar-priced crude, analysts said. New York's main contract, light sweet crude for April delivery, slumped 1.91 dollars to 80.29 dollars a barrel, extending earlier losses. London's Brent North ...
World oil prices fell further on Friday as a strong US currency dented investor enthusiasm for dollar-priced crude, analysts said. New York's main contract, light sweet crude for April delivery fell 59 cents to 81.61 dollars a barrel. London's Brent North Sea ...
