Archive for October 14th, 2015

Foreign Exchange Insights and Next Week

EUR/USD and the Price of Oil

October 14, 2015

EUR/USD and the price of oil (West Texas Intermediate) have moved more or less inversely since the cost of energy peaked in June 2014.  This correlation can been observed in the table below of month-end to month-end changes in the dollar against the euro and of the price of oil.  The direction of change in […] More

New Overnight Developments Abroad - Daily Update

New Zealand Dollar Volatility and Some Interesting Data Reports

October 14, 2015

A speech by Governor Wheeler of the Reserve Bank of New Zealand whip-sawed the kiwi.  The currency initially fell 0.4% to as low as USD 0.6619 when the central bank head indicated that the Official Cash Rate probably will fall further, contingent on future economic news, but it then roared back to USD 0.6726, a […] More