Foreign Exchange Insights and Next Week
This Week
June 14, 2010
Japan, Switzerland, Turkey, Mexico and Chile hold central bank interest rate meetings. The last may implement an initial rate hike, while the others are not expected to modify policy. The Bank of Japan and Reserve Bank of Australia will be releasing minutes of previous meetings. The Bank of England reports of its inflation attitudes survey, […] More
New Overnight Developments Abroad - Daily Update
Weaker Dollar But Strengthening Stocks
June 14, 2010
The dollar has a softer tone, with losses from Friday of 1.4% against sterling, 1.2% versus the euro, 1.1% against the Swiss franc and Australian dollar, 0.8% relative to the kiwi, 0.5% against the Canadian dollar. The greenback is 0.1% firmer against the yen. Market chatter is starting to question whether the dollar is changing […] More
