Archive for May 13th, 2020

Foreign Exchange Insights and Next Week

Might the Dollar Be Approaching a Near-Term Tipping Point?

May 13, 2020

The last half century has seen six very broad waves representing three multi-year depreciations alternating with three multi-year appreciations. These six partitions have been relatively similar in duration and, in some instances, magnitude. 1970 represented the last stage of a post-WW2 period of fixed parities anchored by America’s willingness to exchange gold for dollars at […] More

New Overnight Developments Abroad - Daily Update

Politicians Between a Rock and a Hard Place, and Investors Lack Confidence that the Right Choices Will Be Made

May 13, 2020

Investors are concerned about the grim warnings from medical experts yesterday about the dangers of reopening business prematurely and without a plan for dealing with localized flare-ups of the pandemic. Hong Kong reported a new case after weeks without one. At the same time, frightening data continue to be reported, and worries are mounting that […] More