Foreign Exchange Insights and Next Week
2018 Shaping Into a Better Year for the Dollar than 2017 Was
May 14, 2018
We are mid-way through the second quarter and at the three-eighths marker though 2018. The dollar, which ultimately dropped 12.3% against the euro in 2017 and at a similar point of last year had declined 4.1%, shows a scant 0.3% net uptick against Europe’s common currency this year. The dollar is also above its end-2017 […] More
New Overnight Developments Abroad - Daily Update
Week Starts with Two Surprises
May 14, 2018
The governor of the Bank of France, who serves on the ECB Governing Council as well, indicated that not only is the European Central Bank likely to end its program of asset purchases later in 2018, but also that an initial interest rate hike will probably be engineered sometime next year rather than be delayed […] More