Foreign Exchange Insights and Next Week
Administrative Notice
August 17, 2010
Currency Thoughts will be observing a lighter schedule over the next couple of days. Our apologies for any inconvenience. Copyright Larry Greenberg 2010. More
Deeper Analysis
Japanese and U.S. Government Bond Yields
August 17, 2010
Japan provides a good example of what happens to long-term interest rates when very low inflation or outright deflation occur. The ten-year JGB yield has averaged 1.45% since the end of 1997. Such dropped below unity recently and is presently at 0.95%. The yield first plumbed below 1.0% in 1998 during the Asian debt crisis, […] More
New Overnight Developments Abroad - Daily Update
Risk Aversion Wanes Somewhat
August 17, 2010
Currencies that benefit from greater risk aversion have eased. The Swiss franc and yen lost 0.4% and 0.2% against the dollar, which otherwise fell by 0.6% against the Canadian and Australian currencies, 0.5% against the euro, 0.3% against the kiwi, 0.2% against the yuan and 0.1% relative to sterling. Stocks recovered 2.2% in Sri Lanka, […] More
