Archive for August 5th, 2016

Foreign Exchange Insights and Next Week

Next Week

August 5, 2016

Holidays: A newly created holiday in Japan, Mountain Day, will be observed Thursday and every ensuing August 11. Singapore’s National Day is on Tuesday. Central Banks: ┬áMonetary policy meetings in New Zealand, South Korea, India, Mexico, Serbia, The Philippines, and Peru. Reserve Bank of Australia Governor Stevens delivers a speech on Wednesday. Scheduled U.S. Data: […] More

New Overnight Developments Abroad - Daily Update

Dollar Slightly Softer Ahead of U.S. Jobs and Trade Data

August 5, 2016

The dollar overnight lost 0.5% against the kiwi, 0.4% versus the Aussie dollar and sterling and 0.2% relative to the yen and euro. ┬áThe dollar is steady against the loonie, Swiss franc and yuan. Stocks have responded favorably to the Bank of England’s shock and awe response to the Brexit vote. Share prices in the […] More