Archive for March 10th, 2015

Foreign Exchange Insights and Next Week

Where this Year of the Dollar Stacks Up against Others

March 10, 2015

With 81% of this year still waiting to be played out, 2015 is already shaping up to be a special year for the dollar.  Today’s high of $1.0697 per euro was the strongest level against the common European currency since April 9, 2003, and at a peak earlier today of JPY 122.04, the U.S. currency […] More

New Overnight Developments Abroad - Daily Update

Rising Dollar

March 10, 2015

Dollar appreciation continued relentlessly overnight.  EUR/USD touched a new low for the move of $1.0735 on concerns that Greece may not comply with conditions, without which liquidity aid from the ECB would be stopped.  The immediate focus is upon whether eurozone examiners would be allowed back in Athens tomorrow to see Greece’s financial books. Chinese […] More