Archive for October 9th, 2015

Foreign Exchange Insights and Next Week

Next Week

October 9, 2015

Central Banks:  Policy meetings are scheduled next week in Mexico, South Korea, Indonesia and Peru.  The Fed Beige Book of regional conditions will be published.  BOJ minutes arrive.  Lockhart, Dudley, Evans, Mester, Brainard and Bullard of the Federal Reserve speak publicly as do Deputy Governors Lowe of the Reserve Bank of Australia and Nakaso of […] More

New Overnight Developments Abroad - Daily Update

Dollar Lower after FOMC Minutes

October 9, 2015

The FOMC minutes from September’s meeting were not as hawkish as anticipated.  Committee members didn’t raise rates because of concern that global developments like the stronger dollar and weaker Chinese demand might dampen U.S. growth and inflation in the future, and they therefore decided to delay the onset of rate tightening, pending data that will […] More

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