Written by Jim Welsh
Hardly anyone is positive about the dollar after its recent decline and the dovish bias of the Fed. This is in sharp contrast to the overwhelming bullishness about the dollar in March 2015, after it had soared from 79.00 in May 2014 to 100.39 in March 2015. The marked shift in sentiment toward the dollar is one of the reasons why I think the dollar may finish the correction that began in March 2015 in the next 2 weeks, making a trading low between 92.00 and 93.00.
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.
This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).
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Written by Steven Hansen
Looking back, the Federal Reserve believed the decline in oil prices was good for the economy - and would provide a stimulus as consumers could spend the money saved on lower oil prices on other items.
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Infographic Of The Day: Travel Hacks And Tips
The hundreds of travel articles collected were analysed according to how widely they were shared. The most popular were then examined to create a holiday timeline with travellers favourite tips that can help you save money and make each stage of a holiday easier.
This widget provided by DailyForex.com Forex News & Brokers
from The Conversation
-- this post authored by James Knowles, Brunel University London
This year marks 400 years since the publication of the first volume of poet and playwright Ben Jonson's collected texts, the first complete English translation of Homer's Iliad and Odyssey, by poet and translator George Chapman, and the Political Works of King James I, arriving a few years after the King James Bible. Little would contemporaries have guessed that 400 years later these momentous works would be eclipsed by a death in Warwickshire - one William Shakespeare.
Written by Trefis
Below is a summary of the activity at Trefis during the past week thatTrefis thoughtEconintersect readers would find interesting.
Trefis is a financial community structured around trends, forecasts and insights related to some of the most popular stocks in the US. It provides the unique feature of allowing the user to model future valuation based upon projected changes in components of each business. It also provides communication capabilities among members, including consensus of member analysis compared to Trefis staff analysis and blogging opportunities for members.
Click on graphic to go Trefis interactive page.
Click 'Read more...' to see our clickable table of contents with the most covered companies (more than 1 article) of the week identified.
29Apr2016 Market Update: DOW Off Triple Digits, Crude Prices Have Slipped Off Session Highs And Shor
29Apr2016 Pre-Market Commentary: US Futures Fractionally Lower, Crude Prices Moving Higher, US Dolla
Written by Steven Hansen
Econintersect's Economic Index marginally dropped into contraction. The index is at the lowest value since the end of the Great Recession.