Archive for May 12th, 2015

Foreign Exchange Insights and Next Week

What’s at Stake in 2015-16?

May 12, 2015

This summer will mark the eighth anniversary of the onset of the subprime mortgage loan crisis that spawned a deep world recession and Euroland’s debt crisis.  It’s taken this long to arrive at a point where policymakers are attempting to reverse the massive stimulus of the period.  Most notably, the Federal Reserve will soon begin […] More

New Overnight Developments Abroad - Daily Update

Weaker Dollar, Bonds and Stocks on Fresh Wave of Risk Aversion

May 12, 2015

The dollar fell overnight by 1.2% against the Swiss franc, 1.1% versus the Australian dollar, 1.0% vis-a-a-vis the euro, 0.7% relative to sterling, and 0.6% against the kiwi.  The dollar also rose 0.2% against the loonie, held flat against the yuan and edged only 0.1% lower vis-a-vis the Japanese yen. Share prices fell 2.3% in […] More

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