Monday, 13 October 2014

Forex Market Update : Epic Research Malaysia

Investors will start finding out if a stronger U.S. dollar really dents quarterly results this week as earnings season ramps up with the financial sector providing the bulk of reports and a few key players in tech posting results.

Stocks are coming off another rough week with the Dow Jones Industrial Average DJIA, -0.69%  off 2%, the S&P 500 Index SPX, -1.15%  down 3%, and the Nasdaq Composite Index COMP, -2.33%  sliding 4%.

The U.S. Dollar Index DXY, -0.04% which tracks the dollar against a basket of six major currencies, rose nearly 8% over the third quarter.

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