Results for $CNH
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Greenback Remains Firm

August 16, 2022
Overview: After retreating most of last week, the US dollar has extended yesterday’s gains today. The Canadian dollar is the most resilient, while the New Zealand dollar is leading the decline with a nearly 0.75% drop ahead of the central bank decision first thing tomorrow. The RBNZ is expected to deliver its fourth consecutive 50 bp hike. Most em…
Greenback Remains Firm Greenback Remains Firm Reviewed by Marc Chandler on August 16, 2022 Rating: 5
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US Dollar Losses are Extended, but Momentum Stalls in the European Morning

June 01, 2020
Overview:  US stocks extended their gains ahead of the weekend after President Trump shied away from specific actions against China-Hong Kong, and today Hong Kong shares recovered smartly from last week's 3.6% slide. The Hang Seng rose 3.3% today, and the Shanghai Composite gained over 2%.  All the markets in the region advanced.  Europe's…
US Dollar Losses are Extended, but Momentum Stalls in the European Morning US Dollar Losses are Extended, but Momentum Stalls in the European Morning Reviewed by Marc Chandler on June 01, 2020 Rating: 5
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Month-End Profit-Taking Weighs on Equities as the Euro Pops Above $1.11

May 29, 2020
Overview:  The announcement that President Trump will hold a press conference on China later today rattled investors yesterday after they had earlier shrugged off the escalation of tension between the US and China to take the S&P 500 up to its highest level in nearly three months.  The S&P 500 reversed and settled on its lows, and this car…
Month-End Profit-Taking Weighs on Equities as the Euro Pops Above $1.11 Month-End Profit-Taking Weighs on Equities as the Euro Pops Above $1.11 Reviewed by Marc Chandler on May 29, 2020 Rating: 5
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Escalating Tensions, Calm Markets

May 28, 2020
Overview: The US Secretary of State's announcement that the autonomy of Hong Kong could no longer be affirmed did not derail the rally in US equities. However, the threat of an executive order against social media companies may be discouraging follow-through buying, leaving US equities little changed ahead of the open. In contrast, Asia Pacifi…
Escalating Tensions, Calm Markets Escalating Tensions, Calm Markets Reviewed by Marc Chandler on May 28, 2020 Rating: 5
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Sell in May?

May 01, 2020
Overview: The retreat in US stocks yesterday, coupled with disappointing earnings news, has sent equity markets lower today.  However, the May Day holiday has closed most markets, warning of spill-over at the start of next week, though China's markets are closed through next Tuesday and Japan through next Wednesday.  In the Asia Pacific region…
Sell in May? Sell in May? Reviewed by Marc Chandler on May 01, 2020 Rating: 5
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