Foreign Exchange Insights and Next Week
Next Week
December 7, 2012
In the week to December 14, central bank interest rate meetings are being held at the Federal Reserve (with a press conference afterward), the Bank of Iceland, Bank Indonesia, the Bank of Korea, Bangko Sentral ng Pilipinas, and the Swiss National Bank. EU political leaders hold their semi-annual summit in Brussels on Thursday and Friday. […] More
Foreign Exchange Insights and Next Week
A Sideshow
December 7, 2012
The striking trait about recent movement in key dollar relationships is their continuing unremarkability. Very interesting stuff has been happening on the policy front, and this is the sixth straight December in which investors have compelling grounds to be unhappy about the state of most developed economies and many emerging markets. But the thrill seems […] More
New Overnight Developments Abroad - Daily Update
Unsettling European News Ahead of North American Labor Statistics
December 7, 2012
Monthly jobs data will be released in the United States and Canada at 13:30 GMT. German industrial production sank 2.6% in October, five times greater than expected, after a 1.3% drop in September. The Bundesbank warned of possible negative German growth both this quarter and the first quarter of 2013, and revised projected full-2013 GDP […] More
