Foreign Exchange Insights and Next Week
Next Week
May 16, 2014
Interest rate policy meetings are scheduled next week by central banks in Japan, Turkey, South Africa and Iceland. Minutes of the last FOMC and Bank of England meetings will be published. Three of the Fed officials speaking publicly next week are Yellen, Kocherlakota and George. Canada will be closed Monday for Victoria Day. U.S. markets […] More
New Overnight Developments Abroad - Daily Update
Yen and Rupee Firm
May 16, 2014
The yen remains well-bid to the detriment of Japanese stocks. The Nikkei lost 1.4% overnight. The yen touched highs of 138.78 per euro and 101.39 per dollar. In Indian lower house elections, a coalition headed by the pro-business Bharatiya Janala Party won 60 more seats than needed to secure a majority. This was the most […] More
