Foreign Exchange Insights and Next Week
Dateline July 14
July 14, 2013
On this Bastille Day, twenty eight weeks into 2013, my main takeaway from the foreign exchange markets thus far is the isolation of key currency pairs from the volatility of bonds and stocks. Dollar values against the euro and Swissie are just 0.4% and 0.9% from their year-to-date averages. The distance from the yearly averages […] More
Foreign Exchange Insights and Next Week
Next Week
July 14, 2013
The two main highlights in the week to July 19 will be the release of several Chinese economic indicators and the Humphrey-Hawkins testimony of Federal Reserve Chairman Bernanke before the House on Wednesday and the senate on Thursday. Aside from June estimates of industrial production, fixed investment, and retail sales, Chinese 2Q GDP arrives, too. […] More
