Fx Primus Rebates

US dollar catches a bid early in New York trade

Sound familiar? The US dollar is at the best levels of the day across most of the foreign exchange market as a bid emerges in early New York trade. It was a similar story yesterday as the dollar came into North American trade weak and then slowly climbed higher for the remainder of the day.

Fx Primus Rebates

Bridgewater gets bearish

All $160 billion of the huge hedge fund is net short equities has some interesting comments from Bridgewater warning about higher rates leading to trouble in emerging markets that spreads to global equities.

Fx Primus Rebates

US stocks open near closing levels from yesterday

The Nasdaq stocks are doing better and eyes the all time highs at 7637.27. The major US stock indices are open and the Nasdaq is trading higher and leads the way, but the gains are somewhat contained. The Nasdaq closed at a new record yesterday. A gain today would be another new record (duh).  The…