Archive for November 1st, 2013

Foreign Exchange Insights and Next Week

Next Week

November 1, 2013

Interest rate policy meetings are scheduled next week at central banks in the euro area, Great Britain, Australia, Iceland, Poland, the Czech Republic, Romania, Serbia and Malaysia.  Bank of Japan minutes from the early October meeting and the Reserve Bank of Australia’s quarterly Monetary Policy Statement will be published.  The top person at the Federal […] More

New Overnight Developments Abroad - Daily Update

Mounting Possibility of a Near-Term ECB Interest Rate Cut

November 1, 2013

The euro fell 0.5% on net overnight and got below its 20-day average to as low as $1.3507.  There’s talk in the wake of CPI data released yesterday that the ECB may soon cut interest rates.  Total and core consumer prices in the year to October advanced just 0.7% and 0.8%, respectively.  The Ezone jobless […] More