Archive for March 6th, 2015

Foreign Exchange Insights and Next Week

Next Week

March 6, 2015

Central Banks:  Monetary policy meetings will be held in Russia, South Korea, Peru, New Zealand and Thailand. Japanese Data: The current account, revised GDP, bank lending, the economy watchers index, bankruptcies, machinery orders, machine tool orders, corporate goods prices, the tertiary index, quarterly business sentiment, consumer confidence, revised industrial output, and capacity usage. Chinese Data:  […] More

New Overnight Developments Abroad - Daily Update

Euro Down Ahead of U.S. February Labor Market Data

March 6, 2015

The euro fell in the wake of yesterday’s ECB press conference and is down an additional 0.9% against the dollar overnight, hitting a new low for the move of $1.0929.  The U.S. currency otherwise rose 0.2% versus the kiwi and 0.4% against the Swiss franc and sterling.  At the same time, the dollar has fallen […] More