Foreign Exchange Insights and Next Week
Next Week
September 14, 2012
The line-up of scheduled central bank monetary policy meetings next week includes those in Japan, India, and South Africa. The Reserve Bank of Australia and Bank of England release minutes from their meetings earlier this month, and the Swiss National Bank publishes its quarterly Bulletin. The Bank of Japan’s monthly economic assessment is due. Preliminary […] More
Foreign Exchange Insights and Next Week
A Telling Week in Foreign Exchange
September 14, 2012
Market reactions to the ECB and Federal Reserve monetary initiatives this month have clarified why the euro fell earlier this year and exposed underlying vulnerability in the dollar. Euro weakness reflected the perceived imminence of a breakup among common currency users and not very much else. In turn, dollar sentiment appears more fragile than comparisons […] More
New Overnight Developments Abroad - Daily Update
Strong Reactions in Stocks, Bonds, Oil and the Dollar
September 14, 2012
Overseas markets overnight continued to react to the Fed’s announced QE3 plan, which will be more open-ended than its two predecessors. The euro is trading near its daily high of $1.3097 and also stronger on its crosses. The U.S. currency is 0.8% weaker against the common European currency since Thursday’s close and shows other losses […] More
