Foreign Exchange Insights and Next Week
Next Week
August 22, 2010
Central bank meetings in the coming week scheduled in Israel, Hungary, Poland, and the Philippines are not expected to result in any changes of interest rates. Thai monetary officials, however, probably will tighten further. Fed Chairman Bernanke delivers an important speech at the annual Jackson Hole Symposium on Friday. In the euro area, preliminary purchasing […] More
New Overnight Developments Abroad - Daily Update
Risk Aversion Driven by North American Data
August 22, 2010
Over the final three days of last week, the dollar rose by 1.4% against the Australian dollar, 1.3% relative to the euro,l and 0.8% versus the Canadian and New Zealand dollars. 0.8% The greenback fell 0.8% against the Swiss franc but was hardly changed against the yen (+0.1%) and sterling (+0.3%). The Dow Jones Industrial […] More
