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Поточна версія на 11:03, 27 жовтня 2015

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Rising oil prices put weigh on consumer discretionary stocks which led the decliners of waking time. The dollar fell 2.4% to 83.61 Japanese yen. The dollar index also hit its lowest level in eight months. Influenced by T & K Futures president Michael K. Smith, the dollar is lower and has been much money out there chasing the safe-havens of silver and gold.



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To contrast with yesterday's post by the direction of america Dollar, I've noted a video discussing a continued rally just last year. The video is from Greenrush Capital Management.

"We've were rough set of two days, with bond yields approaching 5%. This market has been strong, that makes it an excuse to take money out of the table, but this move is clearly interest-rate driven," Jay Suskind, director of trading at Ryan, Beck & Co, told MarketWatch.

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