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Monday, July 13, 2015

Developments Late Last Week in Europe and China May Pressure the Dollar

dollar_slide.jpg Home Page News Page Developments in both Europe and China will likely encourage risk taking in the days ahead. Our reading of the dollar's technical condition warns of near-term vulnerability.  The yen is likely to underperform as the crosses adjust.   Developments in both Europe and China will likely encourage risk taking in the days ahead. Our reading of the dollar's technical condition warns of near-term vulnerability.  The yen is likely to underperform as the crosses adjust. Developments in both Europe and China will likely encourage risk taking in the days ahead. Our reading of the dollar's technical condition warns of near-term vulnerability.  The yen is likely to underperform as the crosses adjust.   Neither the US economic data nor Yellen's testimony before Congress will likely alter expectations for one hike before the end of the year.   It is possible that by the end of next week, Greece is no longer a key driver of the global capital markets.   read more


READ THE ORIGINAL POST AT www.economywatch.com