Author: Alton Drew

I graduated from The Florida State University with a Bachelor of Science in economics and political science (1984); a Master of Public Administration (1993); and a Juris Doctor (1999). I am a member of the Maryland Bar and practice political law. You can email me at altondrew@gmail.com.
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The Wrap: Interbank market news scan for 19 February at 5:00 pm.

5:00 pm EUR/USD 1.1768 GBP/USD 1.3472 CHF/USD 1.2900 AUD/USD 0.7058 NZD/USD 0.5974 JPY/USD 0.0065 CNY/USD 0.1447 Gold 4998.95 Silver 78.35 Source: Reuters U.S. Supreme Court The US Supreme Court today did not issue any court opinions discussing artificial intelligence or large language models. U.S. Court of Appeals-Fourth Circuit The U.S. Court of Appeals for the … Continue reading The Wrap: Interbank market news scan for 19 February at 5:00 pm.

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Interbank market news scan for 17 February 2026 as of 11:36 pm: The Wrap

Yesterday was the last day that I published my interbank market news scan. Why? Because there are too many sources from which readers can obtain data on currencies, gold, and silver. I had been citing Reuters data on gold, silver, and major currencies and I would encourage my readers to keep looking at Reuters’ data. … Continue reading Interbank market news scan for 17 February 2026 as of 11:36 pm: The Wrap

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Agricultural instinct vs. artificial intelligence: AI will be used by the elite first.

Economists believe that the technology varies with experience. The older economists say, “We’ve seen this before.” Younger economists believe that concentration of technological thought will go to those with control over artificial intelligence. Will artificial intelligence be an issue in 2026? In 2027? I don’t know, but I expect artificial intelligence to be an issue … Continue reading Agricultural instinct vs. artificial intelligence: AI will be used by the elite first.

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Interbank market news scan for 11 February 2026 as of 5:02 pm. The Wrap.

11:00 am 1:00 pm 3:00 pm 5:00 pm EUR/USD 1.1859 1.1885 1.1881 1.1870 GBP/USD 1.3631 1.3659 1.3634 1.3626 CHF/USD 1.2943 1.2982 1.2975 1.2957 AUD/USD 0.7095 0.7137 0.7131 0.7127 NZD/USD 0.6057 0.6038 0.6058 0.6048 JPY/USD 0.0065 0.0065 0.0065 0.0065 CNY/USD 0.1446 0.1446 0.1446 0.1446 Gold 5049.22 5087.90 5085.63 5078.65 Silver 83.03 84.58 84.37 84.02 Source: Reuters Continue reading Interbank market news scan for 11 February 2026 as of 5:02 pm. The Wrap.