Dollar Advanced While Markets Jittered on Geopolitical Tensions The financial markets jittered on geopolitical worries in both Ukraine and Israel last week but the impact quickly faded. Looking beyond the volatilities, there were a few developments to note. Stocks extended the bull run with DOW hitting new record high of 17151.56. Despite a steep retreat, the index recovered strongly to close the week at 17100.18. S&P 500 also managed to defend recent range to close at 1978.22, maintaining near term bullishness. Dollar index also extended recent rebound and reached as high as 80.68 before closing at 80.50. In the currency markets, Euro and Swiss Franc dropped sharply over the weak and the sell off also dragged down Sterling. Nonetheless, they were overshadowed by Kiwi, which reversed from a long term resistance after inflation data missed expectations. On the other hand, Australian dollar was firm as supported by data from China. Canadian dollar's decline paused after BoC. Yen attempted for a rally on risk aversion but couldn't push through key resistance level against the greenback. Full Report Here... | 
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