Archive for July 3rd, 2015

Foreign Exchange Insights and Next Week

Next Week

July 3, 2015

Central Banks:  Monetary policy meetings are scheduled in Australia, Poland, the U.K., Peru, Malaysia and South Korea.  FOMC minutes from the mid-June meeting get published, and Fed officials with public speaking appearances are Yellin, Rosengren, Brainard, Kocherlakota, George and Williams. Special Event:  The Greek referendum on staying in the common currency is on Sunday, July […] More

New Overnight Developments Abroad - Daily Update

Weaker Australian Dollar and Slump Continues in Chinese Share Prices

July 3, 2015

The Australian dollar tumbled 1.5% against its U.S. counterpart.  Australian retail sales grew by a smaller-than-forecast 0.3% in May following a downtick of 0.1% in April and a 0.2% rise in March.  On-year growth in retail sales remained at 4.4%.  Better news arrived from the Australian service-sector purchasing managers index, which increased 1.6 points to […] More