Archive for August 16th, 2016

Foreign Exchange Insights and Next Week

Dollar Ranges So Far in 2016

August 16, 2016

After the close of yesterday, five-eighths of 2016 had been completed. Up to that point, the dollar had ranged considerably more widely against the yen, sterling loonie, Aussie dollar and kiwi than against the euro and Swiss franc. The high-low spreads of the EUR/USD and USD/CHF pairs were only 8.4% and 8.6%, while the trading […] More

New Overnight Developments Abroad - Daily Update

Weaker Dollar and World Share Prices Ahead of Key U.S. Data Releases

August 16, 2016

The dollar fell overnight by 1.3% against the yen (now showing a 99 handle), 1.2% relative to the Swiss franc and kiwi, 1.0% versus the euro (which is near 1.13), 0.9% vis-a-vis sterling (hurt by a rise in British inflation), 0.8% against the Aussie and Canadian dollars, and 0.3% versus the yuan. Japan’s Nikkei closed […] More