Foreign Exchange Insights and Next Week
Items of Interest
May 1, 2014
Stability of Dollar/Yen and Euro/Dollar Pairs Continuing One can only say so much about dollar stability against the yen and euro without getting bored and frustrated. Currency watching isn’t fun without trend, but stability continues to reign. Over the first third of 2014, the euro traded between a low of $1.3475 and a high of […] More
New Overnight Developments Abroad - Daily Update
Many Markets Closed for May Day
May 1, 2014
Activity has been generally quiet but liven up when several U.S. indicators get released later. There’s been little reaction to yesterday’s FOMC statement, which contained no surprises. Scheduled U.S. data releases include personal income and spending, the manufacturing purchasing managers survey, motor vehicle sales, construction spending and weekly jobless insurance claims and Bloomberg-compiled consumer comfort. […] More