New Zealand producer prices
Fresh Bout of Weakness in Turkish Lira
August 17, 2018
The dollar was little changed on net overnight against the the euro, Swiss franc, sterling, yuan, Canadian dollar, Australian dollar or New Zealand dollar, but it jumped 4.8% against the Turkish lira. Turkey’s finance minister said capital controls or a deal with the IMF won’t been necessary. President Trump is considering additional tariffs against Turkey […] More
North American Holidays Dull Activity
February 20, 2017
The U.S. and Canada are closed for Presidents Day and Family Day. The dollar fell overseas by 0.4% against sterling. Britain’s House of Lords will be discussing whether to amend how Article 50, which will govern the Brexit process, is to be triggered. The dollar climbed half a percent against the rand. South African Finance […] More
Deja Vu
August 17, 2016
Wednesday’s been very quiet from a data release standpoint. Market trading has been dominated by Fed watching, which in the wake of remarks yesterday by Fed District Presidents Dudley of New York and Lockhart of Atlanta has markets pricing in much higher odds of a fed funds rate increase before yearend. They suggested a move […] More
