foreign exchange developments
Currency World at Midsummer
July 16, 2019
The unofficial summer season occupies the period between the U.S. Memorial Day and Labor Day holidays, and the start of this week marked the midpoint of that interlude. This period when market participants take their longer vacations can be a time of discontinuity that lends itself to currency market volatility and trading that is less […] More
Terrorism Tax
November 16, 2015
Although hardly a new 21st century phenomenon, the presence of terrorism and its economic fallout escalated in the wake of the September 2001 attacks. It’s been a lose-lose force because a dampening impact on real GDP growth results whether victimized nations over- or under-react to the extreme Jihadist challenge to their way of life. In […] More