Archive for October 20th, 2017

Foreign Exchange Insights and Next Week

Next Week

October 20, 2017

Central Bank Action: Monetary policy meetings are scheduled at the European Central Bank, Bank of Canada, Swedish Riksbank, Bank of Norway, Central Bank of Brazil, Bank of Russia, and central banks in Ukraine, Colombia, Turkey, and Hungary. The ECB’s quantitative stimulus plans in 2018 will be detailed, and the Bank of Canada will release a […] More

New Overnight Developments Abroad - Daily Update

Dollar Climbs on Likelier U.S. Tax Reform

October 20, 2017

The dollar benefited from several factors on Friday, climbing 0.7% against the yen, kiwi and Swiss franc, 0.6% versus the peso, 0.4% relative to the euro and Australian dollar, 0.2% against the loonie and 0.1% vis-a-vis the yuan. The greenback edged 0.1% lower against sterling. The Republican-controlled senate approved a filibuster-proof budget that enhances prospects […] More