Archive for March 6th, 2017

Foreign Exchange Insights and Next Week

The Euro, Yen and Peso

March 6, 2017

This coming Thursday, March 9th, will mark the eighth anniversary of the low point hit by U.S. stocks in the Great Recession. The DOW and S&P 500 closed that day at 6,547 and 677. The economy was reeling. 4.5 million jobs were destroyed in the half year through March 2009, a downward monthly pace of […] More

New Overnight Developments Abroad - Daily Update

A Din of Unease

March 6, 2017

U.S. President Trump accused his predecessor of wiretapping his phone during the election campaign. Far right nationalist parties continue to augment their voter support in The Netherlands and France ahead of respective elections scheduled for March 15 and April 23rd. The CEO of the troubled┬áDeutsche Bank admitted it’s been going in the wrong direction and […] More

Foreign Exchange Insights and Next Week

Next Week

March 6, 2017

Central Banks: Interest rate policy meetings are scheduled next week at the ECB (which will include new macroeconomic forecasts and be followed by ECB President Draghi’s press conference) and in China, Poland, Australia, and Peru. Governor Wheeler of the Reserve Bank of New Zealand speaks publicly, but Federal Reserve will be observing their practice of […] More

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