Archive for March 8th, 2016

Foreign Exchange Insights and Next Week

Now and a Year Ago

March 8, 2016

In trade-weighted terms, the dollar, euro, and yen are each stronger now than a year ago.  The yen’s year-over-year gain of 6.8% is considerably greater than the euro’s rise of 1.9% or the dollar’s of 0.9%.  The dollar based on expected divergent monetary policies was expected to have performed much better than it did. On […] More

New Overnight Developments Abroad - Daily Update

Dismal Economic Data Depressed Sovereign Debt Yields

March 8, 2016

Ten-year sovereign debt yields fell overnight by ten basis points in the U.K., four bps in Japan, three bps in Germany, and six bps in U.S. Treasury futures.  The 10-year Japanese JGB touched a record low of -0.10%. A second estimate of fourth-quarter real GDP was released for both the eurozone and Japan.  Euroland’s growth […] More