Foreign Exchange Insights and Next Week
Next Week
December 21, 2018
Holiday Closures: Many countries will be closed either all Monday (Christmas Eve) or for part of the that day. Japan also will be shut Monday in observance of the Emperor’s Birthday even though it actually falls on Sunday. Most markets but notably not Japan are closed Tuesday for Christmas. On Wednesday (Boxing Day and St. […] More
New Overnight Developments Abroad - Daily Update
Dollar Stages Moderate Rebound
December 21, 2018
Broad dollar gains overnight amount to 0.6% against the kiwi, 0.4% relative to the loonie and euro, 0.3% vis-a-vis the peso, Swiss franc, and yuan, 0.2% versus the Australian dollar and 0.1% relative to sterling. Dollar/yen is unbalanced. In the continuing follies that markets have come to expect from the U.S. government, Defense Secretary Mattis […] More
