Dollar Down Ahead of Greek Vote on Austerity Later Today

June 29, 2011

The euro topped $1.4400 for the first time in a week and is 0.4% higher on balance.  The dollar has also lost 1.2% against the kiwi, 0.6% relative to the Australian dollar, 0.5% versus the Canadian dollar, 0.2% against sterling, and 0.1% relative to the yuan.  Dollar/yen and dollar/Swiss are unchanged. Dollar/Swiss was as weak […] More

Thank God It’s Friday and a Quiet One at That

May 20, 2011

Not to much is happening this Friday.  No U.S. data releases are scheduled.  The euro has dipped back under $1.43.  The Bank of Japan made no further changes at this month’s Policy Board meeting despite a big drop in the latest all-industry index reading.  French Finance Minister Legarde appears to be the front-runner to succeed […] More