Saturday, November 13, 2010

Profit-Taking Deflates Rally; Dow Off 10.64

CHART: DOW JONES INDUSTRIALS; CHART: FOREIGN EXCHANGE; CHART: DOW JONES AVERAGES; CHART: MARKET INDEX; CHART: VOLUME LEADERS; CHART: METALS Analysts also attributed today's early advance to "follow-through" buying after Monday's rally in which the Dow Jones average soared more than 63 points. But traders feared the market might resume its recent bearish course and began to take profits from the two-day advance while they could.

Full text: Los Angeles Times (pre-1997 Fulltext), Oct 2, 1990

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Friday, November 12, 2010

The Dollar

Foreign exchange rates are given for 23 currencies for Oct 29, 1990, and are contrasted with rates for six months ago and one year ago.

Full text: USA TODAY, Oct 30, 1990

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Thursday, November 11, 2010

Economic Reports Deflate the Dollar

Currency and foreign exchange quotes are given for Nov 2, 1990.

Full text: Los Angeles Times, Nov 3, 1990

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Tuesday, November 9, 2010

Devaluation Set by China

China devalued its currency by 9.57% against the dollar on Nov 17, 1990 in an effort to increase its profits from exports.

Full text: New York Times, Nov 20, 1990

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COMMODITIES CORNER

PRICES were about to end a featureless week when cop per futures on the New York Commodities Exchange plunged minutes before settlement on Friday to end down more than three cents.

Full text: Barron's National Business and Financial Weekly (1942-Current file), May 23, 1983

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