Foreign Exchange Insights and Next Week
Next Week
March 27, 2009
Next week’s calendar of events and data is very heavy. Thursday’s G-20 summit is the main event in a week that also includes the U.S. March labor force survey, the Bank of Japan quarterly Tankan survey of business conditions and prospects, an ECB policy meeting and purchasing manager survey results (PMI’s)from many advanced and developing […] More
Foreign Exchange Insights and Next Week
Weekly Foreign Exchange Insights: March 27th
March 27, 2009
The dollar performed impressively both in the first quarter of 2009 and during this past week. Barring an enormous setback before Tuesday, the dollar will have recorded a quarter-end to quarter-end rise against the euro for the fourth straight time, the first time it will have done that since the four quarters of calendar 2005. […] More
New Overnight Developments Abroad - Daily Update
New Overnight Developments Abroad: Yen and Dollar Gain Ground
March 27, 2009
The yen rose 0.7% against the dollar. In turn, the dollar advanced 0.9% versus sterling, 0.8% against the Australian dollar and Swiss franc, 0.7% relative to the euro, and 0.4% against the Canadian dollar. Japan’s Nikkei dipped 0.1%, and the Topix ended a streak of nine consecutive advances. Other Asian stock markets mostly improved, with […] More
