Archive for September 9th, 2018

Foreign Exchange Insights and Next Week

Dollar since the Bankruptcy of Lehman Bros.

September 9, 2018

The singular event in the transformation of the financial crisis of 2007 into the Great Recession occurred ten years ago this week when U.S. Treasury and Fed officials let Lehman Brothers fail rather than fashion an aid package as they had done previously that year for other institutions. Compared to its closing levels on September […] More