Foreign Exchange Insights and Next Week
Officials Likely to Tolerate a Rising Dollar
January 13, 2015
Sure things do not exist in currency forecasting. That said, the likeliest year-ahead prognosis implies more of the same, that is a rising dollar, falling European currencies, further weakness in a wide range of emerging market monies, and additional yen depreciation. If these scenarios indeed pan out, it’s only a matter of time before market […] More
New Overnight Developments Abroad - Daily Update
Interesting Data Results and More More Volatility
January 13, 2015
10-year sovereign bond prices and European share prices both rose, as did the dollar and price of gold. But oil dropped below $45. British CPI inflation halved in December to a 15-year low of 0.5%, seemingly pushing the onset of Bank of England tightening further into the future. China recorded a $49.61 billion trade surplus […] More