Foreign Exchange Insights and Next Week
Next Week
September 21, 2012
This will be the last week of the third quarter and the first half of Japan’s fiscal year. Central bank interest rate policy meetings are scheduled in Israel, the Czech Republic, Hungary and Romania. Quite a few nations will be reporting retail sales, consumer and/or producer prices and trade figures. Retail sales are arriving in […] More
Foreign Exchange Insights and Next Week
Looks to Be a Down Quarter for the Dollar — What’s Next?
September 21, 2012
Just a single week remains of the third quarter of 2012, and the dollar is showing net losses so far of 2-4% against the yen, dollar, Swissie, sterling, and Canadian, Australian and New Zealand currencies. It also crested during the quarter against the renminbi and is grinding lower but at a very gradual pace. Lately, […] More
New Overnight Developments Abroad - Daily Update
Uneventful Friday So Far
September 21, 2012
The dollar is unchanged against the yen and yuan but down 0.8% against the Australian dollar, 0.5% versus the kiwi, 0.4% relative to sterling and the euro, 0.3% vis-a-vis the Swiss franc and 0.2% against the loonie. Share prices in India have jumped 2.2%. Elsewhere in the Pacific Rim, equities firmed 0.7% in Hong Kong, […] More