Foreign Exchange Insights and Next Week
Major Dollar Relationships in Mark Time March Mode
February 27, 2014
It hasn’t been an exciting January and February for dollar watchers. The key EUR/USD pair has traded in a 2.3% high-low band between $1.378 and $1.347 so far this year and shows no net change in the latest Thursday-to-Thursday period. In this statement week, the dollar has edged down 0.2% against the yen, Swiss franc, […] More
New Overnight Developments Abroad - Daily Update
Geopolitical Tensions Intensify Market Fear of Risk
February 27, 2014
Escalating tension within Ukraine between those loyal to Russia and those seeking closer ties with Europe sent the hyrvnia tumbling some 10% to 11.2/USD. Global financial markets have been infected, with sovereign debt yields and equities falling but the yen and dollar rising. Stocks in Europe have declined by 1.5% in Germany, 1.3% in Spain, […] More
