Archive for March 27th, 2015

Foreign Exchange Insights and Next Week

Next Week

March 27, 2015

Central Bank Scene:  National Bank of Romania interest rate policy meeting.  Fisher, Kocherlakota, Lockhart, Lacker and Williams of the Fed speak publicly. Holiday:  Good Friday on April 3rd affects most of Europe, Canada, Australia, New Zealand and parts of the United States.  Japan’s fiscal year ends on Wednesday. Clocks Changed:  European countries moving clocks forward […] More

Larry's Blog

U.S. Economic Growth Over the Past Ten Years

March 27, 2015

While faster than growth in Japan and the eurozone, U.S. growth during the past decade was considerably slower than in the prior ten-year intervals.  Nine consecutive calendar years have now passed without any showing average real GDP growth of as much as 3.0%.  The averages in the most recent three years — 2.3% in 2012, […] More

New Overnight Developments Abroad - Daily Update

Less Volatility Than Earlier in the Week

March 27, 2015

The dollar rose overnight by 0.5% versus the euro, 0.4% against the Australian and New Zealand dollars, 0.3% relative to the Swiss franc, 0.2% vis-a-vis the loonie and 0.1% against the yuan and yen but slipped 0.2 against sterling. Concern has subsided about the impact on oil prices from the air strike on Yemen.  West […] More