Archive for December 21st, 2018

Foreign Exchange Insights and Next Week

Next Week

December 21, 2018

Holiday Closures: Many countries will be closed either all Monday (Christmas Eve) or for part of the that day. Japan also will be shut Monday in observance of the Emperor’s Birthday even though it actually falls on Sunday. Most markets but notably not Japan are closed Tuesday for Christmas.  On Wednesday (Boxing Day and St. […] More

New Overnight Developments Abroad - Daily Update

Dollar Stages Moderate Rebound

December 21, 2018

Broad dollar gains overnight amount to 0.6% against the kiwi, 0.4% relative to the loonie and euro, 0.3% vis-a-vis the peso, Swiss franc, and yuan, 0.2% versus the Australian dollar and 0.1% relative to sterling. Dollar/yen is unbalanced. In the continuing follies that markets have come to expect from the U.S. government, Defense Secretary Mattis […] More