Archive for November 22nd, 2013

Foreign Exchange Insights and Next Week

Next Week

November 22, 2013

The continuity of trading next week will be dampened by the U.S. Thanksgiving holiday on Thursday.  The day after Thanksgiving traditionally is the busiest shopping day of the year.  2013 has a fairly short U.S. holiday shopping interval. Central bank interest rate policy meetings are scheduled in Thailand, Brazil, Hungary and Israel.  Minutes arrive from […] More

Deeper Analysis

Market Prices Now and 50 Years Ago

November 22, 2013

The table below compares some current vital market signs to their levels on November 22, 1963.  The dollar over this period fell at an annualized rate of 6.9% per annum against gold, 2.5% per year against the yen, 2.1% per year against the Swiss franc, and 2.0% per year against the mark-translation value of the […] More

New Overnight Developments Abroad - Daily Update

Aussie and New Zealand Dollars Weaken while Euro and Swissie Strengthen

November 22, 2013

The U.S. dollar has risen 0.7% and 0.6% against the Oz and kiwi but is 0.3% softer relative to the euro and Swiss franc.  The dollar also climbed 0.3% relative to the loonie and is unchanged vis-a-vis the yen, yuan and sterling. Share prices rose 0.9% in Australia, 0.6% in South Korea, 0.5% in Hong […] More