Christmas came and went and some of the markets that never sleep, well, let’s just say they dozed for a couple of days and leave it at that.
End of year results coming in and it looks like a being a tight end to 2015. Not long to go now and we kiss goodbye to another year of ups and downs across all the major boards.
US Dollar Retreats as Post-FOMC Correction Continues
DailyFX – Dec 24, 2015 The US Dollar resumed its post-FOMC downward correction in overnight trade after brief respite in yesterday’s session, falling to the lowest level in a week against an average of its top counterparts. US dollar rallies on Fed rate hike – SHU Spectrum
via Jim Rogers: This Could Ignite a US Dollar Collapse
NEW YORK (Reuters) – As the U.S. dollar strengthened throughout 2015, managers of currency-hedging exchange-traded funds had a banner year – they collected one of every four dollars invested in U.S….
via ETF issuers with currency-hedged ETFs ride high on strong dollar
Euro Set to Fall Lower As More Monetary Easing Likely in 2016
Gazette Review – 10 hours ago The euro is set to fall to lows of $1.07 in 2016 as the amounts of euro-region government bonds that had ended up yielding less than 0 was at $1.68 trillion. $1.7 Trillion of Sub-Zero Euro Debt Shows ECB Outlook for 2016 – Bloomberg
via $1.7 Trillion of Sub-Zero Euro Debt Shows ECB Outlook for 2016
England forced to rip up Euro 2016 plans after failing to spot rule restriction
The Guardian – Dec 25, 2015 Roy Hodgson will have to reconsider his preparations for Euro 2016 because of an oversight behind the scenes at the Football Association which has led to an admission from the England manager that he and his employers did not properly know the … Jose Mourinho wants to manage England if Roy Hodgson steps down after Euro 2016 – Mirror.co.uk
via England forced to rip up Euro 2016 plans after failing to spot rule restriction
DUBAI, Dec 27 (Reuters) – Dubai plans to raise state spending by 12 percent in 2016 as it invests in infrastructure to sustain economic growth, but an equal rise in revenues will allow the emirate to…