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