Stocks and Dollars

U.S. Dollar Trading (US) stock markets rallied around the world but the reaction in FX markets was mixed. Highs in Europe on most majors came under profit taking and the USD finished well off lows. USD/JPY and USD/CHF provided a lot of support. In US stocks, DJIA +128 points closing

Equities and commodities rose, while currencies were subdued, and US yields fell. Investors were initially buoyed by the earlier news Greece may receive a bailout package which could avert a debt restructuring, but later reversed their stance when a batch of US data was all weaker than expected. Regional US

The dollar was weaker amid disappointing U.S. economic data and the euro rose on prospects of additional aid to the troubled nation of Greece. EUR/USD rose to current levels of around 1.4390 on reports of a potential new aid package for Greece and as inflation data remained well above the

Risk received a boost today despite the spate of negative U.S. data surprises – March S&P/Case-Shiller Home Price Index declined to 138.16, Chicago PMI dropped more than expected to 56.6 in May, and May Consumer Confidence fell to 60.8. U.S. equities, however, rose about +1% as optimistic prospects of a

Euro 1.4410 Initial support at 1.4125 (May 27 low) followed by 1.4068 (May 26 low). Initial resistance is now located at 1.4423 (May 11 High) followed by 1.4455 (50% retrace of 1.4940-1.3970)

Following are moves you might have missed. Find out why shares of General Dynamics and First Solar popped while Broadcom dropped.

Following are moves you might have missed. Find out why shares of General Dynamics and First Solar popped while Broadcom dropped.

By Rodrigo Campos NEW YORK, May 31 (Reuters) – Mid- and smallcap stocksextended their streak of gains to four days on Tuesday as theeuro's climb lifted investor appetite for risk, while materialshares …