Foreign Exchange Insights and Next Week
Next Week
February 26, 2010
Next week, the first in March, features the release of the monthly U.S. labor force survey, revised Euroland GDP, a quarterly corporate survey from Japan’s Finance Ministry, numerous purchasing manager survey reports (both manufacturing and services), and central bank policy meetings in Australia, Canada, Britain, Euroland, Indonesia, and Malaysia. The Fed Beige Book will be […] More
Foreign Exchange Insights and Next Week
How Bullish Should One Be About the Dollar?
February 26, 2010
This past week saw the dollar perform better in the minds of analysts than in the marketplace. Gloom about Europe’s peripheral members — affectionately known as the PIIGS for Portugal, Italy, Ireland, Greece and Spain — generated further speculation that the euro might be headed for divorce or worse, a failed marriage. Even so the […] More
New Overnight Developments Abroad - Daily Update
Loads of Data on Final Trading Day of February
February 26, 2010
The dollar lost 0.4% against the kiwi, 0.3% relative to the euro and Swissy, 0.2% versus the Canadian dollar and 0.1% against the Australian dollar. The U.S. currency is up 0.2% against sterling and 0.1% versus the yen. The Wall Street Journal carries a story today about some hedge funds anticipating a secular decline of […] More
