Archive for June 28th, 2017

Foreign Exchange Insights and Next Week

Populism Not a Good Recipe for Currency Strength

June 28, 2017

Among highly developed countries, the United States and Great Britain are some of the best examples in which the politics of populism has made the greatest inroads. Sterling is roughly 14% weaker now against the dollar than when the Brexit referendum was approved a little over a year ago, but even the pound has appreciated […] More

New Overnight Developments Abroad - Daily Update

Some Confusion Understanding Central Banker Intentions

June 28, 2017

ECB President Draghi said several things yesterday. A remark that the pendulum of price pressure is shifting away from deflation toward reflation had caught the market’s immediate attention and driven the euro higher, but the ECB today clarified that investors had not given sufficient weight to his other observation that plenty of monetary stimulus is […] More

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