Archive for February 13th, 2015

Foreign Exchange Insights and Next Week

Next Week

February 13, 2015

Holidays:  U.S. Presidents Day on Monday and the Lunar New Year later in the week.  China, Hong Kong, Taiwan, Singapore and Thailand are closed Thursday and Friday.  The Philippines and Indonesia are closed just Thursday.  Vietnam is shut all week, and South Korea observes Seoulai from Wednesday onward. Ecofin:  Finance ministers in the eurozone will […] More

Central Bank Watch

Central Reserve Bank of Peru

February 13, 2015

After a 25-basis point interest rate cut at the prior monthly policy meeting in January to 3.25%, Peruvian monetary officials asserted that “this interest rate reduction does not imply successive interest rate cuts,” and they have made good on that assertion for at least one subsequent meeting.  Peru’s central bank had also implemented 25-basis point […] More

New Overnight Developments Abroad - Daily Update

Little Dollar Movement but Fairly Interesting Data

February 13, 2015

The dollar is unchanged against the yen, yuan and sterling, up 0.2% against the euro and 0.1% versus the loonie, and down 0.2% relative to the Swiss franc, kiwi and Australian dollar. European fourth-quarter GDP figures and Chinese money and credit growth were released. Markets are encouraged about a Ukraine ceasefire.  Sides in the Greek […] More