Foreign Exchange Insights and Next Week
End-Summer Thoughts
September 8, 2015
Unusual properties to summer financial market activity subdivide foreign exchange trading into three uneven seasons. The unofficial summer for traders is bordered by the U.S. Memorial Day and Labor Day holidays. Without going into what makes the summer different, an important take-away is that it’s a time of year to be generally a little bit […] More
New Overnight Developments Abroad - Daily Update
Several Data Releases and a Mix of Market Responses
September 8, 2015
The unofficial post-summer currency market trading season began today and finds the dollar unchanged against the euro, dow 0.8% against the Australian dollar, 0.6% relative to sterling and 0.5% versus the kiwi but up by 0.5% relative to the yen and loonie and 0.2% vis-a-vis the yuan and Swiss franc. While the Japanese Nikkei plunged […] More