Archive for February 17th, 2016

Foreign Exchange Insights and Next Week

The Year is Still Young, Yet Already Full of Surprise

February 17, 2016

The first eighth of 2016 was eventful.  The surprises are not limited to China and other developing economies, either. Financial markets have been very volatile.  Although near the middle of its high-low range thus far, the price of oil is down around 16% on balance, and gold is more than $100 above its end-2015 level.  […] More

New Overnight Developments Abroad - Daily Update

Dovish Remarks from a Federal Reserve President

February 17, 2016

Boston Fed President Eric Rosengren gave a speech overnight that warned of long-lasting effects on inflation from the plunge of energy prices and predicted that such could impeded efforts to raise U.S. interest rates.  Rosengren is one of the more dovish FOMC members. ECB Governing Council member Nowotny of Austria struck a very different tone, […] More

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