Foreign Exchange Insights and Next Week
Dollar Determinants to Watch
October 16, 2017
Dollar/yen has been a more stable relationship in 2017 than the EUR/USD pair. Monthly averages of the yen from February through September were confined within a three percentage point band with a dollar high of 113.04 in March and a low of 109.77 in August. The mean so far this month likes within that range […] More
New Overnight Developments Abroad - Daily Update
Commodity Prices Strengthen
October 16, 2017
West Texas Intermediate crude oil advanced 1.3% to $52.10 per barrel, and copper strengthened nearly 3%. Comex gold is 0.2% higher. Comments over the weekend at the IMF meetings in Washington from the likes of Yellen, Zhou, and Constancio stressed that growth is doing well and expressed puzzlement that wage inflation continues to lag. BOJ […] More
