Archive for May 1st, 2014

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