Рубрика: News

News forex

US stocks bounce back at the open

S&P 500 up 13 points at the open You can’t keep the stock market down. Yesterday’s worries about the tax bill are fading and yesterday’s 10 point loss in the S&P 500 has been erased. The index is up 13 points to 2665, in part because of strong earnings. As the day wears on, Congress […]

It’s all about the cross-currency basis today

Year-end funding squeeze is on The law of unintended consequences is operating in full swing this year. Changes in banking rules made it tougher for banks to operate in the derivatives market and as a result, a dollar squeeze is underway. This is the chart everyone is talking about today. The last time it spike […]