Archive for March 5th, 2010

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

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