Foreign Exchange Insights and Next Week
A Change is Gonna Come
March 25, 2015
World financial markets have lately been characterized by oscillating share prices, historically low long-term interest rates, a near record pace of dollar appreciation, and unthinkably cheap oil costs. Forward-looking investors are trying to discern how these distinct themes will interact, which of the properties are most sustainable, and which seem less assured to continue because […] More
New Overnight Developments Abroad - Daily Update
German IFO Figures Better Than Expected inn Otherwise Uneventful Overnight Session
March 25, 2015
The dollar moved 0.4% lower against the euro overnight and also lost 0.2% versus sterling and 0.1% relative to the yen, kiwi, Aussie dollar and Swiss franc. The U.S. currency is unchanged against the loonie and has recouped 0.1% vis-a-vis the yuan. Stocks in the Pacific Rim fell 0.8% in Indonesia and China, 0.7% in […] More