The dollar is on its 11th weekly gain, rising against the yen but flat against the euro.

The dollar rose higher against the yen on Friday, on track for an 11th straight weekly gain that would extend the longest winning streak since 1971.

 

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Unemployment Claims Announcement

Panic in the Apple World

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The number of Americans filing new claims for unemployment benefits rose less than expected last week, suggesting an acceleration in job growth in September.

This kind of announcement is very good for the US market. You should expect the USD to rise as a result.

 

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Tips for Today's Trading

Unemployment Claims Announcement

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The Euro dropped yesterday below $1.27, the lowest it’s been for 22 months.

The reason is probably that investors expect that the European and US financial policy will head in opposite directions.

 

 

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Tips for Today's Trading

Unemployment Claims Announcement

Panic in the Apple World

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IPhone 6 PLUS – bends.  – The stories and the rumors that are spread around using your IPHONE 6 PLUS in your front pocket can bend the aluminum frame of the IPhone. Get ready for massive panic as the investors will start pulling out and the stocks will start pluming. The history teaches us, bad products very bad stock.

  

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New Home Sales Announcement

China Markets are Doing Poorly

Syria Air Strikes Cause Asia Stocks to Drop

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The US and its allies bombed Syria yesterday for the first time. This caused Asian stocks to drop, especially in Japan.

As a result, the dollar fell 0.2% against the yen, going down from a 6 year high on Friday.

If the situation continues, we may see the shares keep falling and dollar might drop even further.

 

Other top stories today: 

China Markets are Doing Poorly

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The investors have started to worry about China's bad performance in the stock market, which has been affecting oil prices as it weighed the energy stocks down.

China’s oil prices keep dropping to what seems their largest fall. They have been on a decline for 7 straight weeks now.

The US markets on the other hand are doing above expectations.

 

 

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Some commodities aren’t doing so well lately. Mainly soy, which drops to a 4 year low and corn, which falls for the 5th day now.

On the other hand, wheat rises for 2nd day as Egypt buys supply from the US.

 

 

Other top stories today: 

Asian Shares Recovering

US Stocks Drop

European Stocks Drop

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