Archive for July 26th, 2013

Foreign Exchange Insights and Next Week

Next Week

July 26, 2013

Central bank policy meetings are scheduled in the United States, Euroland, U.K., Czech Republic, Israel, and India.  The U.S. and ECB meetings will be followed by press conferences. Swiss markets will be closed Thursday for a National holiday. Manufacturing purchasing manager surveys will be published for many economies, including the United States, Euroland, Britain, Germany, […] More

New Overnight Developments Abroad - Daily Update

Stronger Yen

July 26, 2013

The yen is 0.7% stronger against the dollar and hit an overnight high of 98.26/USD following the release of Japanese CPI figures.  Both total (up 0.2% from June 2012) and core CPI inflation (+0.4%) were positive.  Deflation seems to be disappearing faster than anyone imagined. Tokyo consumer prices in July were 0.2% higher than in […] More