British consumer confidence

Yen Climbs Further Even as Japanese Golden Week Holidays Begin

April 29, 2016

The yen touched an 18-month high of 106.9 per dollar and is up 0.9% on balance from Thursday’s close.  The trade-weighted dollar is close to a one-year low. Japanese markets were closed for Showa Day.  Next week’s continuing Golden Week holidays are Constitution Day (May 3), Greenery Day (May 4) and Children’s Day (May 5).  […] More

Fragile End to a Fragile Week in Financial Markets

March 23, 2012

The euro is trading 0.4% higher at $1.3252 in spite of new evidence released yesterday that Europe is in recession.  The dollar has also declined 0.6% versus the Swiss franc, 0.5% relative to the kiwi, 0.3% against sterling, and 0.2% versus the Aussie dollar.  The Canadian dollar is exactly at parity against the greenback, which […] More

Euphoria Dissipating

October 28, 2011

Markets today show a lack of follow-through after Thursday’s euphoric relief rally. The dollar recovered 0.4% against the Australian dollar, 0.3% versus the kiwi and Swissie, and 0.1% against the euro.  The greenback has slipped 0.1% against sterling and the yen and is steady against the loonie and yuan. Asian stocks enjoyed further sizable gains […] More

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