Archive for December 31st, 2009

Foreign Exchange Insights and Next Week

Next Week

December 31, 2009

Central banks in Britain, South Korea, Indonesia, and Romania hold interest rate meetings in the first week of 2010.  None are likely to change policy, and the Bank of England is not expected to adjusted its asset buying ceiling, either.  Minutes from the December FOMC meeting will be released, and at least six top Fed […] More

New Overnight Developments Abroad - Daily Update

Decade Ending With a Blue Moon

December 31, 2009

On the final day of the decade, the dollar has fittingly faded, losing 0.8% against the Canadian dollar, 0.7% each against sterling, the Aussie dollar, New Zealand dollar and Swiss franc, and 0.5% relative to the euro.  Market sentiment had turned pro-dollar lately.  The yen is also comparatively soft, edging just 0.1% higher against the […] More