Archive for April 9th, 2016

Foreign Exchange Insights and Next Week

Yen

April 9, 2016

From lows of 121.7 per dollar and 132.3 per euro on January 29, the Japanese yen appreciated 13.0% and 8.0%, respectively, over the ensuing 9-1/2 weeks to highs last Thursday of 107.7 and 122.6.  The onset of this rally paradoxically coincided with the announced introduction of a negative interest rate by the Bank of Japan […] More

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