Foreign Exchange Insights and Next Week
A Most Peculiar Year
March 2, 2016
Face it, anticipating the movements of currencies has never been intuitive, and it’s hard to recall a time quite as confusing as the present. The United States, Britain, eurozone, Japan, China and Brazil each face economic and political crossroads of enormous importance. United States: The presidential primaries have highlighted an extremely high level of voter […] More
New Overnight Developments Abroad - Daily Update
Markets Tugged One Way by Oil and Another by Clarifying Super Tuesday Results
March 2, 2016
West Texas Intermediate crude oil dropped back 2.1% to $33.67 per barrel, depressing U.S. stock futures. Weekly U.S. oil inventories get reported today. Comex gold, the ultimate haven beneficiary, edged 0.2% lower to $1,230.25 per ounce. Trump won Alabama, Massachusetts, Virginia, Tennessee, Georgia, Vermont and Arkansas and now leads Cruz in the Republican delegate count […] More
