Deeper Analysis
Movements of EUR/USD Around Yearend 2023
January 15, 2024
Movements in the dollar in late December and early January have traced a pattern that has been repeated many times. This tendency pertains to the dollar’s value against Europe’s most influential currency, which was the Deutsche mark from when the dollar first floated in 1973 through 1998 and thereafter has been in the relationship against […] More
New Overnight Developments Abroad - Daily Update
Busy Data Release Day in Spite of U.S. MLK Holiday Closure
January 15, 2024
On this Martin Luther King Jr. holiday, the dollar strengthened 0.8% against the Japanese yen, 0.5% versus the Australian dollar, 0.3% relative to the Swiss franc, 0.2% vis-a-vis the Canadian dollar and sterling, but only 0.1% against the euro. Share prices rose 0.9% in Japan but just 0.2% in Taiwan and China. (On Saturday, Taiwanese […] More
