Foreign Exchange Insights and Next Week
Next Week
October 29, 2010
Many markets in Continental Europe will be closed Monday for All Saints Day. At least eleven central banks hold interest rate policy meetings next week: the Fed, ECB, Bank of Japan, Bank of England, Bank Indonesia, Reserve Bank of Australia, Reserve Bank of India, Hong Kong Monetary Authority, Central Bank of Iceland, National Bank of […] More
Foreign Exchange Insights and Next Week
Important Week Ahead for Major Currencies
October 29, 2010
Currency market players long ago marked down the first week of November down on their calendars as one not to be missed. Main events include 1) Tuesday’s mid-term U.S. election, 2) Wednesday’s meeting of the FOMC, 3) central bank meetings scheduled in several other countries, 4) the release of purchasing manager surveys and the monthly […] More
New Overnight Developments Abroad - Daily Update
Awaiting U.S. GDP Today, Next Tuesday’s Election, and QE2 Announcement on Wednesday
October 29, 2010
On this last trading day of October, new concerns about Greece and other Ezone peripherals have depressed the euro by 0.7% against the dollar. The greenback also gained 0.7% against the Australian dollar, 0.5% versus the Swiss franc and 0.2% against the Canadian dollar and sterling. The dollar lost 0.2% against the yen and yuan, […] More
