Posts Tagged ‘dow jones’

One of the primary Forex concerns that has emerged during the past week is the sentiment that the dollar may possibly be losing its benchmark status as a safe haven currency.

Indeed, this is echoed by certain online Forex trading analysts that are viewing risk aversion from a bearish stance. However, this is a view not espoused by most traders.

On the contrary, it is thought that the dollar will regain much of the footing that was seen to waiver in relation to other currencies.
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Yesterday, Tuesday the 25th of June 2013 reported an increase in American Stock exchange indices.

Daily results of key american stock exchanges such as the Dow Jones, the S&P 500 and Nasdaq would eventually arrive at a positive of 0,69%, 0,95% and 0,82% respectively.
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In the financial news this week, fears of a continued slowdown in consumer spending in the US proved to be unfounded as official figures showed a rise of 0.2% in March.

Although this was the lowest rise in consumer spending since the start of the year, following growth of 0.3% and 0.7% in January and February respectively, many analysts had anticipated no change in spending levels.
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