Foreign Exchange Insights and Next Week
Ceteris Paribus
March 28, 2017
Forecasting the dollar has been infinitely complicated by all the crazy stuff going on in U.S. politics, other populist movements, and changing policies. In theory, current economic conditions and their projected trends ought to be front and center in this process, but that’s far easier said than done. To simplify things when constructing predictive models, […] More
Central Bank Watch
Magyar Nemzeti Bank Retains Loose Policy
March 28, 2017
Hungary’s monetary policy interest rate has been at 0.90% since a 15-basis point reduction in May 2016 and continues to be augmented by unconventional stimulus. A policy statement released today by the Monetary Council indicates a continuing intention to use these multiple means to secure the inflation target of 3% in a sustainable way by […] More
New Overnight Developments Abroad - Daily Update
A Better Trading Session for Stocks
March 28, 2017
Only a few insignificant data reports have been released in Asia and Europe. Markets are viewing the implications of the U.S. healthcare bill fiasco on other Trump Administration legislative plans with less alarm and took advantage of the softer dollar and lower long-term interest rates to rebuild equity positions. Renewed confidence in the buoyancy of […] More
