Dollar Strengthens for Fifth Day as U.S. Employment Reports Loom

Dollar Strengthens for Fifth Day as U.S. Employment Reports Loom

… of global central banks being engaged in monetary easing operations while the Fed is contemplating a cautious lift-off, we believe that the stage is set for ongoing cyclical dollar strength,” said Thomas Kressin, head of European foreign-exchange …

Read more on Bloomberg

Monsanto Lowers Profit Forecast on Corn Drop, Dollar

Foreign exchange will reduce 2015 earnings by as much as 40 cents a share, the company said. “Currency has a big effect on full-year guidance, and the Brazilian real is a big issue for the second half,” Chris Shaw, a New York-based analyst at Monness …

Read more on Bloomberg

The post Dollar Strengthens for Fifth Day as U.S. Employment Reports Loom appeared first on Forex Success Traders.

from WordPress http://ift.tt/1xXAoby

via IFTTT