Foreign Exchange Insights and Next Week
Next Week
January 21, 2011
During the week to January 28, 2011, central banks will be making interest rate policy announcements in the United States, Japan, Norway, New Zealand, India, Hungary, Hong Kong, Israel, and Malaysia. Minutes from the last policy meetings of the Bank of England and the Bank of Japan get released, and Japan’s central bankers release their […] More
Foreign Exchange Insights and Next Week
Euro Off to Good Start This Year
January 21, 2011
A firmer euro is arguably the most significant currency market story of this young year. The euro had gained 5.2% against the dollar at today’s high from its low two weeks ago. The high of $1.3578 also constituted the strongest level since just before Thanksgiving. On the euro’s crosses, the euro has recovered as much […] More
New Overnight Developments Abroad - Daily Update
German IFO Survey Lifts Euro
January 21, 2011
The euro advanced as high as $1.3569 overnight, its strongest value since November 23, and shows a net gain of 0.4% against the dollar. The U.S. currency is also down 0.4% against the Swiss franc, 0.2% versus the yen and 0.1% against the Canadian dollar. The greenback shows no change relative to the yuan, Aussie […] More
