Archive for February 21st, 2013

Foreign Exchange Insights and Next Week

Can’t Get There from Here

February 21, 2013

A state of considerable uncertainty always surrounds financial decisions that need to be made.  In the past, there tended to be more type A uncertainty among currency market participants than now, which results when people believe they understand cause-and-effect relationships better than they in fact do and as a result under-appreciate the complexity of predicting […] More

New Overnight Developments Abroad - Daily Update

Overnight Markets Uneasy

February 21, 2013

Equities dropped 3.4% in China, 2.3% in Australia, 1.7% in Hong Kong, 1.6% in India, 1.4% in Japan, 1.2% in Thailand, and 1.0% in New Zealand.  In Europe, share prices have so far slumped 2.9% in Italy, 1.9% in Germany and France, 1.8% in Spain and 1.7% in Britain. Bonds were hit in Europe.  The […] More