Tag Archives: currency
U.S. Stocks Decline After S&P 500 Climbs to Record High
*from www.bloomberg.com, May 10, 2013 (To view original article click here.)
Take Away #1: The Dollar Index extended its biggest two-day rally since July.
Key Facts and Figures:
The Dollar Index, a gauge of the currency against six major...
Stocks, Commodities Fall on GDP Report as Yen Strengthens
*from www.bloomberg.com, April 26, 2013 (To view original article click here.)
Take Away #1: U.S. stocks fell and commodities tumbled after a report showed the American economy grew less than forecast.
Key Facts and Figures:
The S&P...
Stocks, Oil Rise as Yen Falls; Gold Climbs Above $1,400
*from www.bloomberg.com, April 19, 2013 (To view original article click here.)
Take Away #1: Most U.S. stocks rose amid better-than-estimated earnings and Group of 20 nation talks aimed at bolstering the global economy.
Key Facts and Figures:
Stocks...
Global Stocks Gain After Dow Record While Oil Retreats
*from www.bloomberg.com, Mar. 6, 2013 (To view original article click here.)
Take Away #1: Global stocks rose to the highest in more than 4 ½ years, a day after the Dow Jones Industrial Average jumped to a record.
Key Facts and Figures:
The...
Why Cyber Currency Bitcoin is Trading at an All-Time High
*from www.money.cnn.com, Mar. 6, 2013 (To view original article click here.)
Take Away #1: Digital currency, created by an anonymous hacker, called bitcoin, surged Wednesday to nearly $49.
Key Facts and Figures:
One bitcoin, worth about $40...
Gross Says Yen to Weaken to 100 Per Dollar on QE Concern
*from www.bloomberg.com, Mar. 5, 2013 (To view original article click here.)
Take Away #1: Pacific Investment Management Co.’s Bill Gross said the yen is likely to weaken to 100 per U.S. dollar on concern stimulus measures by the Bank of...