Browsing Tag

currencies

BBH CurrencyView: Dollar Begins May Firm

Highlights The US dollar is firmer across the board.  The deal worked out by Greece and EU/IMF/ECB is helping to ease strains in the European debt market, but does not appear to have dealt a significant blow to those who think that…

Contagion Turns East

Well, I don’t know how many other people have noticed, but the Hungarian forint tanked today. This is the one I had been waiting for, and expecting. And precisely why did it tank? It tanked because Viktor Orban, Hungary’s…

Risk of a Haircut Weighs On Euro

Highlights The US dollar has recovered from the decline seen in North America yesterday against the major European currencies.   The take away from the price action is not however one of consolidation, but rather that good dollar…

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