U.S. industrial production

Sterling Lifted by Decision to Hold Early British Election

April 18, 2017

British Prime Minister Theresa May will reportedly announce a decision tomorrow to hold a snap parliamentary election on June 8. The previous British election was held in May 2015, and another one isn’t required until May 2020. May, who succeeded the resigning David Cameron last July, had previously been opposed to calling snap elections but […] More

Dollar Stronger on this Day of Important Developments

July 15, 2015

The dollar hit a high of $1.0954 per euro, strongest since July 7 and 4.4% above its June 18 low.  The euro has also weakened against sterling is is barely remaining above 0.7000 per pound. Compared to Tuesday closing levels, the dollar has risen 0.7% against the Swiss franc, 0.5% versus the kiwi, 0.4% vis-a-vis […] More

Dollar Gains as Week Draws to a Close

May 15, 2015

The dollar advanced broadly overnight, appreciating by 1.3% against the Swiss franc, 1.1% relative to the Australian dollar, 0.5% versus the euro and loonie, 0.8% vis-a-vis the kiwi, 0.4% against the yen, 0.2% versus sterling and o.1% against the yuan. The Japanese Nikkei climbed 0.8%, but share prices fell 1.8% in China, 0.7% in South […] More

Weekend Elections in Greece and France

June 15, 2012

Greek elections on Sunday have captivated the market’s attention.  G20 sources claim that central banks have contingency plans to handle inadequate market liquidity afterward.  Investors have to wonder if the reports are adequate and if officials really have the means to combat market volatility. France holds the second round of parliamentary elections on Sunday as […] More

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