Author: DarrellBoose

Original post: 
Argentina’s black market peso tumbles on ‘tourism tax’ fears

Wall Street extended gains as investors expect the US Congress would likely pass the tax reform bill and as economic data were encouraging. The DJIA and S&P 500 indices rose +0.2% and +0.1% respectively. US dollar retreated with the DXY index slipping -0.3% after a 3-day rally. GBPUSD recovered after falling over the past 4 days, despite the lack of progress in the Brexit talks.

View post: 
Market Still Thrilled by US Tax Plan; Busy Data Calendar Ahead