Archive for June 24th, 2015

Foreign Exchange Insights and Next Week

Markets Doomed to Be Always Waiting for Something

June 24, 2015

For the record, the past statement week from Wednesday to Wednesday was a good one for the dollar, which appreciated at two speeds.  Advances of 1.4% to 1.8% were clocked against the euro, Swiss franc, Canadian dollar and New Zealand and of 0.7% were accrued against the yen, Australian dollar and sterling.  The dollar’s strength […] More

New Overnight Developments Abroad - Daily Update

IFO Monthly Report and a Setback in the Greek Talks

June 24, 2015

Yesterday’s proposal by Greek Prime Minister Tsipras was not accepted by all the Europeans.  News of this setback sent share prices down 3.8% in Greece and 0.9% in Germany, Spain and Italy.  Stocks fell also by 0.5% in France and Switzerland and by 0.1% in Great Britain.  The Greek fixed asset yield spread above Germany […] More