Sage Investment Club

USD Index appears depressed post-Fed, breaches 101.00

The index drops to 10-month lows near 100.80. The dollar remains on the defensive post-FOMC event. Initial Claims, Factory Orders next of note in the docket. The greenback, in terms of the USD Index (DXY), adds to the weekly leg lower and breaks below the 101.00 support to print new 10-month lows on Thursday. USD […]

Morgan Stanley Fines Employees Up to $1M for Messaging Breaches

Morgan Stanley, a New York-based global investment bank, has penalized some of its employees with fines ranging between a few thousands of dollars to over $1 million for using messaging platforms such as WhatsApp to discuss official business. Sources told the Financial Times, which first broke the news, that Morgan Stanley used factors such as […]