Foreign Exchange Insights and Next Week
Early 2019 Check-Up on the Dollar
January 10, 2019
Compared to volatile share prices and sovereign debt yields, key dollar relationships like EUR/USD and USD/JYP have been pretty stable lately, and neither of those pairs is trading in historically extreme territory. The euro just passed its 20th birthday. Over the four quadrants of this lifespan, the common European currency had an average value of […] More
New Overnight Developments Abroad - Daily Update
Global Slowdown Concerns Remain in Play
January 10, 2019
FOMC minutes yesterday revealed less clarity about the future path of the fed funds target. Some committee members had been hesitant to endorse December’s rate hike, the ninth of this tightening cycle, although a consensus persists that a few more increase are probable in the future. Ultimately, policy will be reactive to the data, and […] More