Category: Currencies

What We are Watching on the Economic Calendar This Week

  There’s a lot of data out there this coming week and here’s what we are playing close attention too: 1. U.S. retail sales report This wee the Commerce Department will publish data regarding November retail sales at 8:30AM EST…
Dollar rise not as fast as you think

The idea of the Fed hiking interest rates in December has pushed the dollar higher, and it is now looking like the euro reaching parity with the greenback is all but guaranteed. Many strategists  however disagree on just how quickly that…
Why is Bitcoin on such a roll?

Bitcoin which is the world’s most popular digital currency, has been on a roll lately. The thing is — nobody is really sure why. Last January, it dipped well below $200 but now bitcoin traded at more than $410 Tuesday afternoon…
Is the ‘revenue recession’ getting worse?

When it come comes to this earnings season, the S&P 500 companies are expected to see profits drop by nearly 6%. It’s the top line of companies’ income statements that could actually be the biggest concern for all of us.…