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Quiet End to a Busy Week
The US dollar is winding down this week on a quiet note. Most of the G10 currencies are trading within yesterday's ranges. On the week, only the Scandis are set to close with gains, though with a little effort, the Australian dollar could too. The Japanese yen and Swiss franc are the laggards off 0.65%-0.75% this week. Most emerging market currencies outside of central Europe are firmer. The South African rand is the strongest this week, followed by four Latam currencies (though not the Brazilian real ~-0.4%, in its Carnival-holiday shortened week). The Nikkei drew closer to its record high with modest gain that ... (full story)
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