Foreign Exchange Insights and Next Week
A Favorable Dollar Outlook
November 18, 2019
The dollar has performed well for nearly two years now, advancing by around 9.5% compared to its January 2018 low on a trade-weighted basis against other major traded currencies. Relative to specific currencies in that span, the greenback has appreciated 12.0% against the euro, 11% versus the Chinese yuan, 9.2% vis-a-vis sterling, and 5.1% against […] More
New Overnight Developments Abroad - Daily Update
Focus on Hong Kong Unrest and U.K. Election
November 18, 2019
Hong Kong saw another day of violent protests and the arrest of many students trying to leave the University. Hong Kong’s stock market climbed 1.4%, nonetheless. Elsewhere in the Pacific Rim, stock markets advanced 0.6% in China, Taiwan, and Singapore and by 0.5% in Japan. The Australian and New Zealand markets fell 0.4% and 0.3%. […] More