The Fed is not outpacing the ECB’s pace of rate hikes. The return to the yen as the funding currency for carry trades is helping the euro. The US dollar hit a new local high on Friday but retreated towards the end of the week as the market reassessed the prospects for a Fed rate […]
The post The Euro Is Finding Its Footing appeared first on ActionForex.
Every big call on the S&P 500 has an expiration date. When the bearish thesis breaks, the strategists who called it usually stop repeating it. Bank of America’s team just did both this week. A Read more…
Federal Reserve Bank of Chicago President Austan Goolsbee argued in a speech to the Official Monetary and Financial Institutions Forum in London on Monday that the Fed may no longer be able to routinely “look Read more…
Most people think Buffett’s approach only works if you have a lot of money. He has said the opposite. His framework for building wealth started when he was young, broke and working with small amounts. Read more…