Archive for June 16th, 2015

Foreign Exchange Insights and Next Week

Dollar Corrections Past and Present

June 16, 2015

I learned much about the interplay of market trends and temporary corrections within those trends from the dollar’s behavior between 1980 and 1985.  My entire experience as a dollar watcher had been consistent more or less from the two devaluations while I attended graduate school through my ensuing career at the New York Federal Reserve.  […] More

New Overnight Developments Abroad - Daily Update

Greek Default Risk Hangs over Markets Like a Dome

June 16, 2015

Share prices in Asia fell 3.0% in China, 2.1% in Hong Kong, 0.8% in Japan and Singapore and 0.7% in South Korea.  Equities in Europe have lost a further 3.4% in Greece, 1.5% in Spain, 1.3% in Italy, 1.1% in Germany, 0.9% in France, and 0.5% in Great Britain.  Greece’s creditors are not budging from […] More