Euroland consumer confidence

Sterling Up, Yuan Down

August 22, 2019

Sterling strengthened 0.9% against the dollar and euro overnight. This appreciation was a response to remarks by German Chancellor Merkel after talks with British Prime Minister Johnson. Merkel considers a solution on the contentious border issue between Northern Ireland and the rest of Ireland still possible by the October 31st Brexit deadline. The Chinese yuan […] More

Softer Dollar and Yen

January 23, 2019

The yen fell 0.4% against the dollar overnight on data news and the Bank of Japan’s downward revision of projected core inflation for fiscal 2018, fiscal 2019, and fiscal 2020. The Bank of Japan left its monetary policy unchanged and also revised growth downward in the current fiscal year ending March 31 . BOJ Governor […] More

Somewhat Softer Dollar on This First Day of Winter

December 21, 2016

The dollar has weakened 0.7% against the euro, 0.4% relative to the Swiss franc, 0.3% vis-a-vis the yen, 0.2% versus sterling, and 0.1% against the kiwi and yuan. U.S. stocks are a tad lower. The German Dax is flat. Stocks fell in other European centers and lost 1.0% in Indonesia, 0.3% in China and Japan, […] More

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