Archive for December 30th, 2016

Foreign Exchange Insights and Next Week

Next Week

December 30, 2016

Holiday Closures: No holiday is more widely shared than New Years Day. Since such fall on a Sunday in 2017, most markets will be shut on Monday. New Zealand and Japan well remain closed Tuesday, and Japan’s markets will observe only a half day on Wednesday. Some markets like Spain and Italy will be observing […] More

New Overnight Developments Abroad - Daily Update

Closing the Book on a Year of Surprise

December 30, 2016

The dollar and yen slipped on this final session of 2016. The U.S. currency rose 0.3% against the yen overnight but otherwise depreciated 0.5% against the euro and Swiss franc, 0.4% versus sterling, 0.3% relative to the loonie and Mexican peso, and 0.2% vis-a-vis the Chinese yuan. Markets were shut in Russia, Ukraine, New Zealand […] More