Archive for May 1st, 2009

Foreign Exchange Insights and Next Week

Next Week

May 1, 2009

The first week of May will be crowded with central bank meetings in Euroland, Britain, Norwary, the Czech Republic, Romania, Australia, Chile, Peru and Indonesia.  The Swedish Riksbank and Bank of Japan will be releasing minutes of previous interest rate-setting meetings, and the Reserve Bank of Australia unveils a new quarterly Monetary Policy Statement. Japanese […] More

Foreign Exchange Insights and Next Week

Weekly Foreign Exchange Insights: May 1st

May 1, 2009

The trend toward lessening risk aversion, which favors the currencies of Europe and commodity sensitive economies over the yen and dollar, faces three hurdles next week.  The spreading swine flu could reinvigorate the recession in world trade and output with new energy.  Results of the U.S. bank stress tests could set off a wave of […] More

New Overnight Developments Abroad - Daily Update

New Overnight Developments Abroad: Dollar and Yen Declined Further

May 1, 2009

Many financial markets closed for May Day including China, Hong Kong, India, South Korea, Malaysia, Singapore, Taiwan, Thailand, Vietnam, Germany, France, Italy, Switzerland, Sweden, Argentina, Brazil, and Mexico.  Japan, Britain, and the United States are open, but more than 300 U.S. schools will be closed for the swine flu scare.  Eleven countries now report cases […] More

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