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Euro turns weak as ECB mulls extension to QE program

The negative impact of the outcome of the Italian referendum was only short lived. The Euro covered all the losses and even gained against its rival currencies. The Yen, which has already turned weak after the victory of the billionaire

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BoA signals bearish reversal after going ex-dividend

Since November 2nd , the stock of Bank of America Corporation (NYSE: BAC) has appreciated by about 30% to $21.19, from a low of $16.80. The Charlotte, North Carolina-based bank reported fiscal 2016 third-quarter earnings of $4.96 billion or $0.41

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Rise in demand for commodities keep the Aussie strong

The 4.5% increase in the Global Dairy Trade Index on November 15th strengthened the New Zealand dollar against the Aussie. From a high of 1.0650, the AUD/NZD pair fell to a low of 1.0410. The decline was also aided by

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