larrygreenberg @ June 16, 2013 # Comments Off
The most significant central bank policy event of the coming week will be the FOMC statement on Wednesday, which will be accompanied by new forecasts and followed by a Bernanke press conference. There are also scheduled interest rate meetings at …
larrygreenberg @ June 14, 2013 # Comments Off
It’s been a very volatile statement week through Thursday for bonds, stocks, and certain currency relationships like dollar/yen, NZD/USD, and AUD/USD, all of which traded in a high-low band today of 2.7-2.4% in width. Unlike most of the the…
larrygreenberg @ June 7, 2013 # Comments Off
During the coming week, central bank meetings are scheduled in Japan, Indonesia, South Korea, Iceland, the Philippines, New Zealand, and Chile. Minutes from the Bank of Japan’s May 21 meeting arrive, and the BOJ monthly report, the ECB mont…
larrygreenberg @ June 6, 2013 # Comments Off
The dollar at today’s lows of 95.90 yen and 1.3306 per euro had depreciated 7.6% against the yen since May 22 and 3.8% against the euro since May 17. This slide was associated with the softest patch of equity market performance so far this …
larrygreenberg @ May 31, 2013 # Comments Off
The first week of June will be dominated by the release of more than fifty separate purchasing manager surveys from around the world covering the manufacturing, services and for Britain, Australia and Germany construction. These are timely, broad…
larrygreenberg @ May 30, 2013 # Comments Off
The dollar strengthened a tad less than one percent against the euro in May, but both currencies seem poised for respectable net appreciation against most other currencies, especially ones that are sensitive to commodity price swings. So far this…
larrygreenberg @ May 25, 2013 # Comments Off
Interest rate policy meetings are scheduled at the central banks in Canada, Israel, Hungary, Thailand and Brazil during the coming week. Minutes from the BOJ meeting of April 26 will be released, and Governor Kuroda and Deputy Governor Nakaso spe…
larrygreenberg @ May 23, 2013 # Comments Off
Wouldn’t it be nice for market participants and analysts if the matters which most influence currency valuation like future monetary policy changes could be laid out in black and white terms without qualifications or two-way causation and feed-ba…
larrygreenberg @ May 18, 2013 # Comments Off
There is not a heavy calendar of central bank meetings next week. The Bank of Japan and South African Reserve Bank are two of the few. However, the top officials of the Fed, ECB, Bank of Japan, Bank of England, and Bank of Canada each speak…
larrygreenberg @ May 16, 2013 # Comments Off
One hears increasingly the opinion that the dollar may be in a multi-year period of strength. Optimism rests on several pillars. One is the broadness of the dollar’s recent advance. Across-the board appreciation has transpired since t…