Foreign Exchange Insights and Next Week
Currently Strong Dollar Levels Against the Yen, Euro and Sterling in the Context of Historical Extremes
June 21, 2022
Dollar/Yen: A dollar high of 136.33 yen earlier constituted its most elevated level since September 1998 when Asia was embroiled in a debt crisis. During 2021, the dollar had strengthened against the yen from a low of 102.6 to 115.1 at the end of the year. The dollar’s historically weakest value against the yen, 75.55, […] More
New Overnight Developments Abroad - Daily Update
Investors Seeking a Floor
June 21, 2022
Bottom-fishing lifted share prices by 1.8% in Japan, Pakistan and India, 1.9% in Hong Kong, 2.4% in Taiwan, and 1.4% in Australia this Tuesday. Equities currently are up 1.2% in France and show a 0.7% rise in Italy, Germany, and Great Britain. U.S. stock futures have climbed around 1.7%. Mixed movement in the dollar saw […] More
