Archive for June 21st, 2022

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