Posted by : Shekhar™ Saturday, 7 May 2011

Currency Thoughts


Next Week

Posted: 06 May 2011 04:15 PM PDT

Central bank interest rate meetings will be held next week in Indonesia, South Korea, South Africa and Poland.  The Bank of England releases its quarterly Inflation Report on Wednesday.  Minutes from the Bank of Japan Policy Board’s meeting of April 6-7 will be released Monday, and the ECB monthly Bulletin is due on Thursday.  Euroland’s [...]

Can’t Get There from Here

Posted: 06 May 2011 09:34 AM PDT

This has been a very volatile and ultimately strong week for the beleaguered dollar.  Compared to the period’s lows, the dollar at 14:20 GMT on Friday had advanced by 3.0% against the euro, 2.4% relative to the kiwi, Australian dollar and Swiss franc, 1.9% against sterling, 1.6% versus the Canadian dollar and 1.2% against the [...]

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