Archive for May 7th, 2019

Foreign Exchange Insights and Next Week

Dollar Movement Has Become Unremarkable

May 7, 2019

After a system of fixed dollar parities against other major currencies was replaced by market-determined flexible exchange rates in March 1973, currency trading attracted considerable investor and business attention amid a propensity toward wide and erratic dollar swings that could overwhelm the profitability of business decisions based on other considerations. The dollar not only exhibited […] More

New Overnight Developments Abroad - Daily Update

A Focus on Geopolitical Risk

May 7, 2019

U.S.-Sino trade talks are entering the final make-or-break stage. The Chinese delegation is coming to America, but the outcome of this final round of negotiations is much in doubt. Meanwhile, Secretary of State Pompeo abruptly canceled a trip to Germany, citing unspecified pressing matters. This mysterious cancelation raises the possibility of a major event risk […] More