Archive for February 21st, 2017

Foreign Exchange Insights and Next Week

Some Factors to Consider When Handicapping Dollar’s Outlook

February 21, 2017

Fake News that is likely to become even more prevalent will present many challenges to currency forecasters. Even if the U.S. press and the intelligence community try to stand their ground, the executive branch of government enjoys great advantages in creating doubt and confusion in the public’s mind over what to believe. The two watchdogs are […] More

New Overnight Developments Abroad - Daily Update

Fed Policy Still a Huge Influence on Dollar

February 21, 2017

The dollar appreciated broadly after the three-day U.S. holiday weekend despite ongoing worries about U.S. policies and strong preliminary February purchasing manager survey results for Euroland and Japan. The prime dollar mover came from remarks by Philadelphia Fed President Harker that a rate increase is possible as soon as the FOMC’s March meeting. Dollar overnight gains […] More