Archive for March 8th, 2013

Foreign Exchange Insights and Next Week

Next Week

March 8, 2013

Central banks hold interest rate policy meetings next week in New Zealand, Russia, the Philippines, Switzerland, Norway, South Korea, India, and Chile.  Japan’s parliament will be voting to confirm Prime Minister Abe’s nominations for BOJ governor and both deputy governors.  The Bank of Japan releases minutes of its February Board meeting, and the Bank of […] More

New Overnight Developments Abroad - Daily Update

Dollar Sets New 2013 Highs against Several Key Currencies

March 8, 2013

Investors’ appetite for risk was fortified today by China’s trade figures and the U.S. Labor Department jobs report. 1.2955 per euro, JPY 96.57, CHF 0.9547 and 1.4885 per pound constitute new dollar highs in 2013 reached today.  The dollar since Thursday’s close has risen 1.3% versus the yen, 1.0% against the kiwi and Swiss franc, […] More