Foreign Exchange Insights and Next Week
Next Week
March 5, 2010
Highlights from the data calendar next week are Japanese GDP (first revision), industrial production in Britain and Euroland, U.S. retail sales, Canadian and Australian monthly labor market reports, and the whole spectrum of monthly Chinese statistics. Among scheduled monetary policy meetings in Switzerland, New Zealand, South Korea, Thailand, the Philippines, Peru, and Russia, only Russia […] More
Foreign Exchange Insights and Next Week
All Major Currencies Carry Negative Baggage
March 5, 2010
Currency movements continue to be choppy and mixed from the standpoint of a dollar holder. So far this past week, the greenback recorded gains of more than 1.0% against sterling and the yen but also lost significant ground against the Canadian and Australian dollars. In between those extremes, identically small net gains were posted against […] More
New Overnight Developments Abroad - Daily Update
Confined Dollar Movement Ahead of U.S. Jobs Report
March 5, 2010
The dollar is narrowly mixed with gains of 0.3% against the yen, no change versus sterling and the Swiss franc, and declines of 0.5% relative to the kiwi, 0.3% against the Australian dollar and 0.1% versus the euro and Canadian dollar. Stocks rose 1.4% in India, 0.7% in China and Australia, 0.5% in New Zealand […] More
