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DOW Hits the 20,000 Milestone

For the first time in its 120-year history, the Dow Joes Industrial Average breached the 20,000 mark.

The stock gauge, comprised of 30 U.S. blue chip organizations, was up roughly 100 points and trading above the 20K threshold before the open.Read More

Major Currencies Gain Ground on the U.S. Dollar

The U.S. Dollar continues to sell post President Trump’s inauguration speech giving way for stronger foreign currencies such as the Euro & Yen. The nationalistic sentiment of President Trumps speech on Friday, pointing to tougher international trade arrangements, nudged the currency on its continued slide. However, with all signs pointing to a very healthy U.S. economy, some economists predict the current pullback will be short lived. Read More

Gold Trading Near 2 Month Highs on a Weak Dollar

Intraday Gold Futures traded at its highest levels in nearly two months on Tuesday. News surrounding British Prime Minister, Theresa May, and her commitment to a full extraction from the European Union, combined with uneasiness leading up to Inauguration Day & the President Elect labeling the Dollar “Too Strong”, sent the U.S. Dollar on a dive. The 1.2% Dollar Index slide pushed Gold Futures nearly the exact same percentage in the opposite direction.Read More