Foreign Exchange Insights and Next Week
Next Week
October 19, 2012
The Federal Reserve, Swedish Riksbank, Bank of Canada, Reserve Bank of New Zealand, Bankgo Sentral ng Pilipinas, and Bank of Mexico hold interest rate meetings next week. The chiefs of the Bank of Japan, Fed, and ECB speak publicly. The final Romney-Obama debate in on Monday, and New Zealand markets are closed that day for […] More
Foreign Exchange Insights and Next Week
Continuing Choppy Forex Conditions Fed by Uncertainty
October 19, 2012
Market noise continues to drown out an sense of cumulating trend. Key dollar pairs against the euro, yen, Swiss franc, sterling, Australian and New Zealand currencies are each trading presently less than 2.0% from their year-to-date average levels. The same is even true of the euro-yen relationship in spite of its 18.5%-wide 111.435 to 94.075 […] More
New Overnight Developments Abroad - Daily Update
Lower Share Prices and Bond Yields but Fairly Steady Currencies
October 19, 2012
Overnight movements in the dollar this Friday were limited to gains of 0.2% against the Swiss franc and 0.1% vrsus the euro, Aussie dollar, yuan and loonie, along with dips of 0.1% relative to the yen and sterling and no change vis-a-vis the kiwi. Stock market tone was set by yesterday’s disappointing earnings reports from […] More
