Foreign Exchange Insights and Next Week
Next Week’s Menu: December 20-27, 2019
December 20, 2019
The coming week is the last full one of the 20-teens. It’s hard to believe that the 21st century is almost one-fifth completed. Holidays: Many markets will be shut all day or earlier than normal on Tuesday, Wednesday, and/or Thursday for Christmas Eve, Christmas Day, and Boxing Day. This sequence tends to squelch activity the […] More
New Overnight Developments Abroad - Daily Update
More Smoke than Fire
December 20, 2019
A lot of economic data was released on the final day of the final meaningful week of 2019, but the market is settling into yearend mode and showed a muted reaction. The dollar firmed overnight by 0.3% against the euro and Swiss franc but slipped 0.3% relative to sterling. There were dollar upticks of 0.2% […] More
