IMF's Lagarde: Fed's patient attitude is positive for growth

In an interview with CNBC at the World Economic Forum in Davos, IMF Managing Director Christine Lagarde said that the Fed's patient attitude was positive for the economic growth in the United States. "Politics is having a negative impact on global growth," Lagarde further noted.

Source: Reuters.

US: Existing home sales decline by 6.4% in December following November's 2.1% increase

"Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, decreased 6.4 percent from No
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US Dollar Index clings to daily gains near 96.30

Tracked by the US Dollar Index (DXY), the greenback has now come under some selling pressure and returned to the 96.35/30 band, close to the 55-day SM
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