Archive for December 13th, 2013

Foreign Exchange Insights and Next Week

Next Week

December 13, 2013

Monetary policy meetings next week will be occurring at the Fed and in Japan, Sweden, India, Turkey, the Czech Republic, and Hungary.  Minutes from the early-December meetings of the Reserve Bank of Australia Board and Bank of England Monetary Policy Committee will be published. Leaders of EU gather in Brussels at week’s end for their […] More

New Overnight Developments Abroad - Daily Update

Quiet Friday the Thirteenth

December 13, 2013

The yen touched 103.94 per dollar overnight, its weakest value against the dollar since October 2008, and also hit a 5-year low of 142.85 per euro.  On net, however, the dollar is up only 0.2% against the Japanese currency.  Yen softness was fanned by heightened speculation that the Bank of Japan will be soon ramping […] More