Archive for June, 2010

*Market Rally*

Jun 15 2010

Today the U.S. dollar and Japanese yen were the two worst-performing major currencies due to increased risk appetite. The greenback suffered the biggest loss as investors began to shift their assets back into the embattled euro, which is more bearish for the U.S. dollar because of the two currencies’ strong rivalry…

*Market Update*

Jun 14 2010

The Dow Jones Industrial Average rallied more than 400 points from last week’s low, closing the week down near 10,150.  Gold gave up ground when equities rallied, gapping down $20 per ounce before clawing back $10 per ounce last Friday. Crude oil continued to trade between $70 and $76 per…