Archive for August 17th, 2010

Foreign Exchange Insights and Next Week

Administrative Notice

August 17, 2010

Currency Thoughts will be observing a lighter schedule over the next couple of days.  Our apologies for any inconvenience. Copyright Larry Greenberg 2010. More

Deeper Analysis

Japanese and U.S. Government Bond Yields

August 17, 2010

Japan provides a good example of what happens to long-term interest rates when very low inflation or outright deflation occur. The ten-year JGB yield has averaged 1.45% since the end of 1997.  Such dropped below unity recently and is presently at 0.95%.  The yield first plumbed below 1.0% in 1998 during the Asian debt crisis, […] More

New Overnight Developments Abroad - Daily Update

Risk Aversion Wanes Somewhat

August 17, 2010

Currencies that benefit from greater risk aversion have eased.  The Swiss franc and yen lost 0.4% and 0.2% against the dollar, which otherwise fell by 0.6% against the Canadian and Australian currencies, 0.5% against the euro, 0.3% against the kiwi, 0.2% against the yuan and 0.1% relative to sterling. Stocks recovered 2.2% in Sri Lanka, […] More