EUR/USD
Tightening Monetary Policies Continue to Lift the Dollar but Depress Share Prices
August 22, 2022
Financial markets are in a risk-averse mood ahead of the annual Jackson Hole Symposium that begins at the end of this week. U.S. stock futures were down 1.0-1.5% shortly before the opening bell. European stock markets had sunk so far today by 2.1% in Germany, 1.7% in Italy, 1.6% in France and 1.0% in Spain. […] More
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
Euro Touches but Doesn’t Penetrate $1.1400
October 12, 2015
Market activity this Monday will be blunted by holiday closures in the United States (Columbus Day), Spain (Hispanic Day), Japan (Health Sports Day) and Canada (Thanksgiving). Only minor data were released today. The IMF/World Bank meeting in Lima, Peru wound up with Director Lagarde warning of the dangers of premature tightening of monetary policy, and […] More
