Foreign Exchange Insights and Next Week
Next Week
March 16, 2012
The coming week bridges the first to the second quarter of 2012, and Japanese markets are closed for the vernal equinox on Tuesday. From a data release and event standpoint, the week offers a comparative light schedule. Central bank meetings are scheduled in Iceland and Thailand. The Bank of England will be releasing minutes of […] More
Foreign Exchange Insights and Next Week
Major Currencies at Mid-March
March 16, 2012
Currencies did not share in the high dramatics of sovereign debt yields, equities and gold prices this past week. The dollar has so far risen just over 1.0% against the yen and sterling but dipped 0.3% or less against the euro, Swissie, kiwi and Australian dollar. The Canadian dollar’s unchanged, and the Chinese yuan is […] More
New Overnight Developments Abroad - Daily Update
Marking Time Ahead of U.S. Data Releases
March 16, 2012
Net overnight movement in the dollar has been confined to rises of 0.2% against the yen and 0.1% versus the loonie, Swissie, and euro and declines of 0.2% against the yuan and 0.1% relative to sterling and the Aussie and New Zealand dollars. Share prices have been mixed. Stocks recovered 1.5% in China and also […] More